Asset Management Plan Software for Canadian Municipalities
Build and maintain an asset management plan that holds up - inventory, condition, current and proposed levels of service, lifecycle activities, and a financial strategy - on one Canadian-hosted platform aligned to O. Reg. 588/17. The annual review becomes a refresh, not a rebuild.
The Plan Is Required. The Spreadsheets Don't Hold Up
O. Reg. 588/17 asks every Ontario municipality to document inventory, condition, current and proposed levels of service, lifecycle activities, and a financial strategy - and to review it every year. Assembled from disconnected spreadsheets, that plan is stale the day it is adopted and painful to update. The three pieces it always comes down to:
Inventory & Condition
A complete asset inventory with replacement cost and a current condition rating for every asset - the foundation O. Reg. 588/17 builds on.
Levels of Service
Both current and proposed levels of service, described with the technical metrics and qualitative measures the regulation prescribes.
Lifecycle & Financing
Lifecycle management activities and a financial strategy showing the cost to sustain proposed service levels - and any funding shortfall.
Start with an inventory the plan can stand on
Every asset - building, road, watermain, vehicle, or piece of equipment - with class, replacement cost, install date, and a current condition rating. Inspections update condition over time and roll up to a Facility Condition Index, so the plan reflects reality, not a snapshot from three budget cycles ago.
- One register across buildings, infrastructure, fleet, and equipment
- Condition assessments that roll up to FCI
- Replacement cost and useful life on every asset
- Every change logged for the annual review and audit
Built Around Levels of Service
Levels of service are where most plans get thin. AssetLab puts current and proposed LOS on the same assets as condition and cost - so service, money, and risk are one conversation, not three.
Regulation-Ready Inventory
Every asset with class, replacement cost, install date, and useful life - across buildings, infrastructure, fleet, and equipment in one register.
Condition & FCI
Standardized condition assessments roll up to a Facility Condition Index, giving council an objective, defensible measure of asset health.
Level of Service Tracking
Define LOS measures, record current performance, and set proposed targets - exactly the current-and-proposed framing O. Reg. 588/17 requires.
20-Year Lifecycle Forecast
Project replacement timing and inflation-adjusted cost across a 20-year horizon, the lifecycle activity backbone of the plan.
Financing Strategy
The Baseline vs Planner forecast quantifies the cost of sustaining service - and the gap between need and budget - in dollars council can act on.
Annual Review & Audit Trail
AMPs must be reviewed every year. Live condition, cost, and LOS data make the annual update a refresh, not a from-scratch rebuild.
The financial strategy, on one chart
The hardest part of the plan is showing what it costs to sustain service - and what happens if you don't. The Baseline vs Planner forecast draws a do-nothing line and a fund-the-plan line side by side, in both facility condition and dollars. The gap between them is your financial strategy and your funding case, quantified years before the spend.
- Baseline and Planner lines on one chart
- Condition (FCI) and book value (Net PP&E) together
- Cost of sustaining proposed service levels
- The funding shortfall, council-ready
What a Compliant Plan Has to Cover
O. Reg. 588/17 builds up in stages. AssetLab carries the data through every one of them - and keeps it current for the yearly review.
Strategic AM Policy
A council-adopted asset management policy setting principles and commitments
Current Levels of Service
Inventory, replacement cost, condition, and current LOS for every asset class
Proposed Levels of Service
Proposed LOS over a 10-year horizon with the activities needed to achieve them
Lifecycle Activities
The maintenance, renewal, and replacement work that sustains each service level
Financial Strategy
The cost to deliver proposed service and how it will be funded over time
Annual Review
A yearly review of progress, kept current from live condition and cost data
Who Needs AMP Software?
Ontario Municipalities
Meet and maintain O. Reg. 588/17 obligations - current and proposed levels of service, lifecycle activities, and a financial strategy - from one connected dataset.
BC Local Governments
Build asset management plans aligned with the Asset Management BC framework and sustainable service delivery, backed by condition and cost data.
FCM-Funded Communities
Satisfy the asset management planning expected under FCM and Canada Community-Building Fund agreements, with an auditable evidence trail.
School Boards
Track FCI across campuses, set service-level targets, and justify capital requests to the ministry with data-backed plans.
Utilities & Authorities
Plan renewal for water, wastewater, and stormwater systems against defined levels of service over a 20-year horizon.
Asset Management Coordinators
Stop assembling the plan from a dozen spreadsheets each cycle - keep inventory, condition, LOS, and financing live in one place.
Make the Annual Review a Refresh, Not a Rebuild
Keep inventory, condition, levels of service, and financing live in one Canadian-hosted platform - so your asset management plan is always current and always defensible.
No credit card required
Frequently Asked Questions
Common questions about O. Reg. 588/17, asset management plans, levels of service, and how AssetLab fits your planning cycle.
What is O. Reg. 588/17?
O. Reg. 588/17, Asset Management Planning for Municipal Infrastructure, is the Ontario regulation that requires every municipality to adopt a strategic asset management policy and maintain an asset management plan covering all municipal infrastructure assets. The plan must document inventory, condition, current and proposed levels of service, lifecycle activities, and a financial strategy, and it must be reviewed annually.
Does AssetLab make us O. Reg. 588/17 compliant?
AssetLab gives you the data foundation the regulation requires - asset inventory, replacement cost, condition and FCI, level-of-service measures, 20-year lifecycle forecasts, and a financial strategy. Compliance is ultimately your council-adopted plan, but AssetLab keeps the underlying inventory, condition, service-level, and cost data current so the plan is defensible and the annual review is straightforward.
How does AssetLab handle levels of service?
You define level-of-service measures, record current performance, and set proposed targets. Because LOS sits on the same assets as condition and capital forecasts, you can show what current funding buys in service terms and what proposed service levels would cost - the exact current-versus-proposed framing O. Reg. 588/17 asks for.
What about the financial strategy?
AssetLab’s Baseline vs Planner forecast draws two lines: a baseline where assets simply age out, and a Planner line crediting the renewal work you schedule. The gap between them quantifies the cost of sustaining service and the funding shortfall - in both facility condition and dollars - which is the heart of the financial strategy.
Does this work outside Ontario?
Yes. The same inventory, condition, level-of-service, and lifecycle-financing structure supports the Asset Management BC framework, FCM and Canada Community-Building Fund expectations, and good practice under ISO 55000 - so the plan travels regardless of which jurisdiction drives it.
Is our data kept in Canada?
Yes. AssetLab is hosted in Canada with Canadian data residency and PIPEDA-aligned practices - a common procurement requirement for municipalities and other public-sector bodies.