CNAM Tereo Asset Management Awards
2013 Tereo Award Recipient - The City of Ottawa
The City of Ottawa was recognized with the Tereo Asset Management Award at the 2013 Canadian Network of Asset Managers (CNAM) Conference held in Edmonton, Alberta. The award was presented to the City of Ottawa during the Annual Awards Gala on May 7, 2013 in recognition of the advancements made by the City in developing its Comprehensive Asset Management Program.
For the past decade, the City of Ottawa has been applying asset management principles to the management of its physical assets. 2012 marked a key milestone for the City when City Council adopted a Comprehensive Asset Management (CAM) Program. This represented the culmination of years of efforts to bring integration across all departments and adopt a true corporate approach to the management of the City’s assets, valued at well over $30 billion.
“Tereo” is a Greek word meaning to guard, to care for, to watch over – is a multidisciplinary approach to obtaining maximum economic benefit from physical assets.
The CNAM Tereo Asset Management Award recognizes excellence in developing and implementing asset management approaches and significant improvements in business performance through the use of asset management tools and techniques or approaches.
As a national leader for infrastructure asset management, CNAM is a recognized source of knowledge, promotes innovation and collaboration, and provides a common voice to facilitate action.
Photo provided by Renew Canada
Is your organization successfully developing and implementing asset management approaches to effect business improvement? If so, the Canadian Network of Asset Managers encourages you to submit an entry into the second annual CNAM Tereo Asset Management Awards.
What are the CNAM Tereo Awards?
CNAM is pleased to introduce a new program to recognize Asset Management in Canada.
The second annual CNAM Tereo Asset Management Awards is a program that recognizes excellence in developing and implementing asset management approaches and significant improvements in business performance through the use of asset management tools and techniques or approaches.
Terotechnology – from the Greek word ‘tereo’, meaning to guard, to care for, to watch over – is a multidisciplinary approach to obtaining maximum economic benefit from physical assets.
Award submissions will be accepted until February 28, 2014. Download the brochure and submission form from the right column of this web page.
Interested in sponsoring?
Would having your company name associated with excellence in asset management be beneficial? Consider becoming the first ever CNAM Tereo Awards Sponsor. Learn more...
Holly Power-Garrett, Halifax Regional Municipality
CNAM Tereo Awards Committee Chair