CohnReznick LLP’s Post

Are you an asset manager looking to deepen your understanding of infrastructure asset valuation? Look no further! A new date in late August has been set for our comprehensive online course, Valuation of Infrastructure Assets 🔗 https://lnkd.in/gKvmtxnd This course is perfect for public sector asset managers and finance personnel, and consultants undertaking infrastructure valuations on behalf of public sector clients. This course runs between 21 August - 23 August 2024. Learn more and register here 🔗 https://lnkd.in/gKvmtxnd #AssetManagement #ProfessionalDevelopment

Debate | Is an outcome-based approach to data capture the key to efficient asset management? NCE recently teamed up with Amey to explore these challenges and to discuss how organisations can devise and deliver best practice in data capture and integration. Full story:

@Synergy Evolution, we believe in Implementing Standardized Audit Procedures, Regular Updating and Maintenance of Asset Records and Using efficient Technology are some of the mechanisms that can be deployed to curb the challenges in #Physical #Asset #Verification #Audits for proper #recording, #accounting and management of #Assets.

Asset maintenance is at the core of millions of businesses keeping company assets in top shape. But, why does asset maintenance matter? 1️⃣ Minimises downtime: Consistent inspections and proactive responses can be the game-changer. 2️⃣ Expands asset lifetime: Make sure they pay off by keeping them in pristine condition for as long as possible. 3️⃣ Increases safety: Regular maintenance isn't just about efficiency; it's about protecting your workers and adhering to crucial safety regulations. 4️⃣ Cuts down on costs: Save money in the long run by investing in proactive maintenance rather than costly repairs or replacements after a breakdown. 5️⃣ Assists compliance: Stay on the right side of the law and avoid penalties by implementing a robust asset maintenance plan. Ready to optimise your asset lifecycle management? Let's ensure your assets are not just maintained but thriving! Read on for more: https://bit.ly/3WMzONk #AssetMaintenance #ALM #BusinessOptimisation #MACSEU

Matt has a question about how everyone calculates their third-party management fees: https://lnkd.in/gDsWRJHN Can you share how you calculate management fees? For instance, do you include or exclude utility reimbursement income? We would love to help Matt with his question, but we need your help! Do you have a calculation for these fees that you could share with Matt?

💰 Our infrastructure and equipment continues to age at a rate that outpaces our ability to keep up financially. When vital equipment breaks, do you have the sufficient reserves to allow you to quickly repair it? 🛠 Not sure? Then reach out to our team at LSPS Solutions for our financial planning services. Specifically developed for small to medium sized public utilities, we guide you through the process of assessing your equipment, establishing a life cycle risk analysis and building a workable financial plan that is manageable for your constituents. 📋 Our years of experience in financial planning, management and utilities operations makes us uniquely qualified to understand the needs of your utility, the pressures you face to do more with less and the experience to build a plan that works. #MunicipalBonds #watermanagement #municipalbudgets

Facility Condition Assessment of Major Facilities: A presentation I made at the recent NSF Research Infrastructure Workshop 2024 regarding Facility Condition Assessment planning of Major Facilities including the process of creating a FCA report (FCAR) and an Asset Management Plan (AMP).

Siloed no more: Why Your Operational Data Should Feed Into Your Capital Projects ➡️ https://lnkd.in/gZQzNzvW #aip #assetinvestmentplanning #eam #assetmanagement

New blog post on how we perform infrastructure maintenance estimating to give clients confidence in long-term budgets. By taking a holistic, evidence-based approach analyzing asset condition, maintenance history, cost projections and renewal opportunities over decades, our experts develop robust forecasts that empower strategic planning and optimized asset management https://wix.to/PcLHVFs #newblogpost #InfrastructureAssetManagement #InfrastructureMaintenance #InfrastructureBudgeting #InfrastructureLifecycleCosts #MaintenanceEstimating

How can your business take concrete steps to reduce capital asset cost overruns and project delays, while remaining compliant with fast-changing customer and regulatory requirements? It begins with adopting a systems-driven design approach for large capital assets. Learn more in our new featured blog! https://sie.ag/6kRQDd