The State of Local Infrastructure (SOLI) is a key building block for Brampton’s future management of its infrastructure assets. SOLI is intended to provide the following information:
- Details of the Asset Inventory – What do we own?
- Valuation of the Asset Base (Replacement Value) – What is it worth?
- Condition of the Asset Base – What Condition is it in?
The City’s total replacement cost of infrastructure assets is currently estimated at $7.0 billion, excluding land, distributed across 12 major service areas. The majority of the assets currently owned and operated by the City are considered to be in Good condition. The overall “Good” condition rating can largely be attributed to the City’s infrastructure being relatively new in age combined with the sound asset management practices the City has employed to date.
Total Replacement Value: $7B (excluding Land)
Overall Condition: Good