Capital plant inventory and maintenance.

This bill would update the asset inventory management report to require disclosure of additional information about the City’s infrastructure and its maintenance. This bill would also require that the Design and Development Corporation (DDC) work with registered architects or engineers to provide centralized guidance for agencies to use when conducting inspections along with an inspection schedule. This information would be publicly posted in a machine readable format. The cost estimate for the required maintenance would be prepared by DDC and would be considered by OMB and the Department of City Planning when they prepare the City’s 10-year capital plan. The bill would also require DDC to create an advanced capital planning tool that would be used to recommend necessary capital projects.