Asset management is a systematic and cost-effective process of maintaining, upgrading, and operating physical assets such as roadways, facilities and bridges. The principles of engineering, business management, economics and computer technology are utilized. This process aids asset owners in decision-making and both short-term and long-term planning by providing the following advantages.
Faster, More Streamlined Procurement Process
Efficient Utilization of Resources
Less Restrictive Work Rules and Greater Use of Part-time and Temporary Employees
Guaranteed Maximum Price
Workforce Incentives
Economies of Scale
Solomon® Infrastructure Maintenance Management System (IMMS)
Guaranteed Cost Savings
Concrete Results / Consistent Service
Flattening Out of Peak Workloads
Specialized Skills and Equipment
Transferred Risk
Faster, More Streamlined Procurement Process
Private firms are not subject to the regulations that hamstring public agencies. As a result, our purchasing and payment procedures can be simpler, faster, and less costly.
Efficient Utilization of Resources
ICA engages resources—labor, materials, and equipment—to implement its services on an as needed basis only. This approach lowers the total cost by avoiding the underutilization of resources. Our small core of in-house work crews are used to accomplish routine work not sized for effective contract effort. This approach brings down overall costs by reducing underutilization, which drives up overhead cost.
Less Restrictive Work Rules and Greater Use of Part-time and Temporary Employees
A public agency is often saddled with work rules that prevent implementation of new and more efficient procedures. Also, many governmental entities do not have the flexibility of utilizing part-time and temporary employees.
Competitive Costing
To ensure the lowest possible costs, ICA cultivates relationships with many qualified vendors, including those that can deliver several related goods or services. In addition, work packages are assigned to enhance efficiency and decrease total costs.
Guaranteed Maximum Price
ICA protects transportation departments from escalating costs and uncertain economic conditions with a fixed price contract.
Workforce Incentives
A public agency's civil service salary structure and inability to offer such incentives as stock options may make it virtually impossible to attract a sufficient number of talented managers. Management talent, recruited and retained with performance incentives, will be a major factor in ICA being able to deliver quality service at a low cost.
Economies of Scale
By providing the same services in a number of different cities, ICA develops both the market clout and specialized expertise in many fields to acquire and deploy resources cost effectively.
Solomon® Infrastructure Maintenance Management System (IMMS)
ICA has developed an exclusive management system for planning and directing contracted work. SIMMS is a fully integrated system that estimates costs, plans and schedules needed work, generates work orders and allows extensive analysis and monitoring capabilities.
Guaranteed Cost Savings
The transportation department can achieve 10 to 20 percent savings on current budgeted costs. In addition, the capital outlay cost for new equipment can also be significantly reduced.
Concrete Results / Consistent Service
ICA works with its clients to establish mutually agreed upon performance standards and measures, then guarantees to meet or exceed them. Performance bonds add an extra measure of assurance to this solid promise.
Flattening Out of Peak Workloads
ICA supplements staff workforce to meet seasonal demands or cover mandated staff reductions.
Specialized Skills and Equipment
ICA provides specialized resources not always available through in-house capabilities.
Transferred Risk
ICA offers governmental agencies additional protection in today’s litigious environment by providing certain indemnifications related to our services. For example, as part of our contracts we agree to indemnify and hold harmless our customers for issues that might arise as a result of accidents.
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Faster, More Streamlined Procurement Process
Efficient Utilization of Resources
Less Restrictive Work Rules and Greater Use of Part-time and Temporary Employees
Guaranteed Maximum Price
Workforce Incentives
Economies of Scale
Solomon® Infrastructure Maintenance Management System (IMMS)
Guaranteed Cost Savings
Concrete Results / Consistent Service
Flattening Out of Peak Workloads
Specialized Skills and Equipment
Transferred Risk
Faster, More Streamlined Procurement Process
Private firms are not subject to the regulations that hamstring public agencies. As a result, our purchasing and payment procedures can be simpler, faster, and less costly.
Efficient Utilization of Resources
ICA engages resources—labor, materials, and equipment—to implement its services on an as needed basis only. This approach lowers the total cost by avoiding the underutilization of resources. Our small core of in-house work crews are used to accomplish routine work not sized for effective contract effort. This approach brings down overall costs by reducing underutilization, which drives up overhead cost.
Less Restrictive Work Rules and Greater Use of Part-time and Temporary Employees
A public agency is often saddled with work rules that prevent implementation of new and more efficient procedures. Also, many governmental entities do not have the flexibility of utilizing part-time and temporary employees.
Competitive Costing
To ensure the lowest possible costs, ICA cultivates relationships with many qualified vendors, including those that can deliver several related goods or services. In addition, work packages are assigned to enhance efficiency and decrease total costs.
Guaranteed Maximum Price
ICA protects transportation departments from escalating costs and uncertain economic conditions with a fixed price contract.
Workforce Incentives
A public agency's civil service salary structure and inability to offer such incentives as stock options may make it virtually impossible to attract a sufficient number of talented managers. Management talent, recruited and retained with performance incentives, will be a major factor in ICA being able to deliver quality service at a low cost.
Economies of Scale
By providing the same services in a number of different cities, ICA develops both the market clout and specialized expertise in many fields to acquire and deploy resources cost effectively.
Solomon® Infrastructure Maintenance Management System (IMMS)
ICA has developed an exclusive management system for planning and directing contracted work. SIMMS is a fully integrated system that estimates costs, plans and schedules needed work, generates work orders and allows extensive analysis and monitoring capabilities.
Guaranteed Cost Savings
The transportation department can achieve 10 to 20 percent savings on current budgeted costs. In addition, the capital outlay cost for new equipment can also be significantly reduced.
Concrete Results / Consistent Service
ICA works with its clients to establish mutually agreed upon performance standards and measures, then guarantees to meet or exceed them. Performance bonds add an extra measure of assurance to this solid promise.
Flattening Out of Peak Workloads
ICA supplements staff workforce to meet seasonal demands or cover mandated staff reductions.
Specialized Skills and Equipment
ICA provides specialized resources not always available through in-house capabilities.
Transferred Risk
ICA offers governmental agencies additional protection in today’s litigious environment by providing certain indemnifications related to our services. For example, as part of our contracts we agree to indemnify and hold harmless our customers for issues that might arise as a result of accidents.
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