NON-ROUTINE MAINTENANCEFACILITY UPGRADES

EQUIPMENT

CHRIS STARRLSRCP

LSRCP PROPERTY

• Real Property valued at $350 - $400M

• Personal Property valued at nearly $5M

• Vehicles and Tankers valued at nearly $5M

PROJECTS

• Existing Facilities and Infrastructure• Existing Equipment• Facilities, Infrastructure and Equipment to

meet Regulatory / ESA Compliance• Facilities, Infrastructure and Equipment for

Improved or Additional Fish Production

FUNDS

• Industry standard for maintenance, upgrades, and equipment replacement is approximately 2% - 3% of value annually

• LSRCP Receives around 1% annually• As facilities continue to age, it will take more

$$$ to maintain fish rearing infrastructure• This Will Lead to Choices???

GUESS WHAT• In most years a significant amount of $$$ is spent on

maintenance projects or equipment upgrades that were NOT on the LIST at the beginning of the fiscal year.

• In FY2012, over 50% of LSRCP non-routine maintenance and equipment expenditures were unexpected, which in turn bumps known needs further down the priority food chain.

• The current LIST includes over $12M worth of non-routine maintenance projects and equipment upgrades (asphalt)

AREAS OF PRIORITY

• Human Safety• Fish Safety• Regulatory Compliance• Further Facility Degradation• HRT Recommendation• Employee Efficiency• Energy Efficiency• Improve Fish Rearing• Increase Fish Rearing

PROJECT CONSIDERATIONS

• Is the project or asset “Mission Critical”• Is there a “Work Around” to the fix or

upgrade• Example = Asphalt repair• Track how the project was identified• Example = Manager Review, Safety or

Compliance Audit, Condition Assessment• Deferred vs Preventative

EQUIPMENT

• Mission Critical• Work Around• Replace Existing Equipment• New Equipment• Vehicles, Trucks, Tankers

TIME FLIES

• Most LSRCP facilities are approaching their 30th birthday.

• More maintenance and upkeep will be needed to maintain the high quality fish production folks associate with LSRCP facilities.

THOUGHTS ON MOVING FORWARD