Presentation on theme: "NON-ROUTINE MAINTENANCE FACILITY UPGRADES EQUIPMENT CHRIS STARR LSRCP."— Presentation transcript:
NON-ROUTINE MAINTENANCE FACILITY UPGRADES EQUIPMENT CHRIS STARR LSRCP
LSRCP PROPERTY Real Property valued at $350 - $400M Personal Property valued at nearly $5M Vehicles and Tankers valued at nearly $5M
PROJECTS Existing Facilities and Infrastructure Existing Equipment Facilities, Infrastructure and Equipment to meet Regulatory / ESA Compliance Facilities, Infrastructure and Equipment for Improved or Additional Fish Production
FUNDS Industry standard for maintenance, upgrades, and equipment replacement is approximately 2% - 3% of value annually LSRCP Receives around 1% annually As facilities continue to age, it will take more $$$ to maintain fish rearing infrastructure This Will Lead to Choices???
GUESS WHAT In most years a significant amount of $$$ is spent on maintenance projects or equipment upgrades that were NOT on the LIST at the beginning of the fiscal year. In FY2012, over 50% of LSRCP non-routine maintenance and equipment expenditures were unexpected, which in turn bumps known needs further down the priority food chain. The current LIST includes over $12M worth of non-routine maintenance projects and equipment upgrades (asphalt)
PROJECT CONSIDERATIONS Is the project or asset “Mission Critical” Is there a “Work Around” to the fix or upgrade Example = Asphalt repair Track how the project was identified Example = Manager Review, Safety or Compliance Audit, Condition Assessment Deferred vs Preventative
EQUIPMENT Mission Critical Work Around Replace Existing Equipment New Equipment Vehicles, Trucks, Tankers