Asset Classification and Hierarchy Redevelopment Service
Overview
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SUMMARY
KEY REQUIREMENTS
BUDGET
EstimateCONTRACT DURATION
TIMELINE
Project Kick-off Meeting: October 2026
Current State Assessment and Data Review: November 2026
Business Requirements Assessment: December 2026
Industry Review and Benchmarking: January 2027
Draft Future-State Asset Classification and Hierarchy Database and Assessment Report Submitted: January 2027
Working Group Review Presentation: February 2027
Incorporate FHA Review Comments and Submit Revised Deliverables: March 2027
Executive Presentation: March 2027
Final Deliverables Submitted: April 2027
CONTACTS
Primary procurement contact — name, title, email, and phone
Additional decision-makers and their departments
Issuing Agency
Fraser Health Authority
DESCRIPTION
The government authority in British Columbia is seeking a consultant to redevelop its asset classification and hierarchy framework as a foundation for future improvements to asset information management. The engagement will include reviewing and refining the existing structure to improve consistency, usability, and alignment with industry best practices.
The successful proponent will assess and document the existing asset information environment, including asset categories, types, systems, acronyms, asset and location hierarchies, asset attributes, preventive maintenance structures, reporting requirements, and capital planning requirements. The consultant will also document functional requirements related to preventive and corrective maintenance, maintenance planning, asset criticality, performance analysis, and lifecycle management, as well as reporting and analytics requirements such as standardized reporting, KPI development, reliability analysis, backlog reporting, regulatory reporting, and capital planning.
The consultant will develop a revised framework defining asset categories, classes, types, components, naming conventions, and acronyms. The work will also include a transition strategy with crosswalks between existing and proposed classifications, identification of duplicate or obsolete classifications, recommended migration rules, and assessment of migration risks.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due August 31, 2026.
- What is the budget for this RFP?
- Settle estimates the budget at $50,000 – $150,000. The issuer has not published an official figure.
- Who issued this RFP?
- It was issued by Fraser Health Authority. The work is located in British Columbia, Canada.
- Who is a good fit for this opportunity?
- Asset management consulting firm with experience in classification and hierarchy design
- Proven expertise in maintenance, lifecycle, reliability, and capital planning information requirements
- Experience documenting enterprise asset information environments and developing migration strategies
- Familiarity with industry best practices for asset naming, taxonomy, reporting, and data governance
- Experience supporting government or large public-sector organizations
Analysis generated by Settle AI from the source RFP.
RFP Hunter shows what is open. Settle shows what is forming.
Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.