To meet customer needs and expectations, investments are managed
through strategic planning, asset management and new construction.
Asset management is a continuous process that guides the acquisition, use, and disposal of infrastructure assets. The purpose of asset management is to optimize service delivery and minimize the cost of any given asset over its service life. The Pierce County asset management strategy is structured around three principles:
Asset life cycles and risk management
Life cycle costing
Documents such as Pierce County's Unified Sewer Plan and the Chambers Creek Wastewater Treatment Plant Facilities Plan are the management tools and road maps used by the asset manager to track current projects and project future construction needs. These range from new interceptor pipelines to large scale expansion of the wastewater treatment plant.
The goal of the asset management strategy is to achieve desired levels of service and operational objectives at the best possible cost to the customer.