A facility is a defined area containing a number of assets that are associated in some way. A simple facility could consist of a single main building and the grounds and infrastructure (e.g. car parks and fencing) surrounding it. A more complex facility, (e.g. a depot or a water treatment plant) could contain many buildings and/or other types of assets.

Alternate Definitions

The International Infrastructure Management Manual defines a facility as "a complex comprising many assets (e.g. a hospital, water treatment plant, recreation complex, etc.) which represents a single management unit for financial, operational, maintenance or other purposes."

The Glossary of Asset Management Terms in the Guidelines for implementing Total Management Planning defines a facility as "a group of assets that provides a function or service (e.g. pump station, reservoir, treatment plant, reticulation system)."

Examples of Municipal Facilities

Related Pages

External Links & References

  1. Google Search
  2. Shared Facilities Fund (Victoria State Government)
Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License