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
Aquatic Facility
Showgrounds
Waste Management Facility
Facility Identification Sign
Parent Facility
Shared Facilities Fund (Victoria State Government)
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