ASSET MANAGEMENT PROGRAM

All borrowers are required to develop an Asset Management Plan ("AMP") which categorizes and prioritizes system assets and lays out a financial plan describing the methods, scheduling and financing of the strategic upkeep and replacement of such assets.

Certain borrowers that receive funding must have in place, or commit to develop, a Fiscal Sustainability (Asset Management) Plan ("FSP") for each project component and provide the program with a technical (engineering) and financial certification outlining the long-term maintenance and replacement plan for the project's components.


USEFUL REFERENCES

NJ DEP Asset Management Website Visit
NJDEP Asset Management Technical Guidance Document Download
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