Asset Management
Asset Management is the ability to provide products, services and solutions that
improve the capability of assets in terms of market strength and viability, financial
performance, capacity, availability/reliability, flexibility, efficiency, and environmental
performance. Our combination of advanced processes and tools can drive dramatic
cost and performance benefits for our clients.
Black & Veatch has the capability to analyze simultaneously all facets of a
single asset or a portfolio of assets, and recommend the right solution based on
what our client has in place and wants to achieve organizationally. Drawing upon
our 90-year history of working on the most complex infrastructure challenges anywhere,
we know all the issues that can affect asset performance, how they interconnect
and the ramification a single decision can have across an enterprise. While we have
alliances with providers of best-in-class technologies, we are also vendor-independent,
enabling us to select the best and right solutions that meet our clients' specific
needs.
Black & Veatch provides complete life cycle asset management services through
the Enterprise Management Solutions (EMS) division; the Consulting Engineering Services
(CES) business line within B&V Energy; the Infrastructure Planning Department
(IPD); and the Construction & Procurement (C&P) division.
Energy
Black & Veatch's capabilities and solutions are truly industry-unique and highly
calibrated to today's customer needs. Our Consulting Engineering Services team provides
asset management solutions focused on plant, plant portfolio and techno-financial
issues including fuels, performance, optimization, maintenance/reliability, and
physical risk management. We help our clients operate their assets more efficiently
and reliably.
Services within our integrated offering include:
- Performance & Optimization
- Training
- Heat Rate and Reliability Training
- Maintenance Planning
- Outage Planning
- Test Burn Program
- Monitoring & Diagnostics
- Remote Monitoring Services
- M&D Center Tools/Startup Services
- "On-Call" Subject Matter Experts
- Advanced Diagnostic Platform Design/Implementation (with NeuCo and Others)
- Maintenance & Reliability Improvement
- Program Design/Process Refinement
- Tools Implementation and Integration
- Maintenance Playbook Development
- Design/Implement Maintenance Basis/Reliability Basis.
- Outage Planning and Support
- Program Design/Process Refinement
- Tools Implementation and Integration
- Master Outage Playbook Development
- Capital Projects and Other Major Projects
- Techno-Financial Analytics to Support Decision-making, Budgeting, Capital Prioritization
- Retrofit Services
- Install/modify/extend plant equipment
- Outage execution/support for B&V projects
- Outage Execution Services
Water
Black & Veatch provides the expertise to assist clients with the emerging necessity
of water and wastewater asset management. B&V Water possesses the experience
to facilitate the integration of a variety of management, financial, engineering
and operating tools into a program/process that optimizes capital investment and
minimizes operating costs while maintaining quality customer service. Our asset
management skills can prove to be a valuable investment for clients seeking compliance
with GASB 34 requirements. The realized benefits of an asset management plan include:
- Increased system knowledge
- Increased asset life
- More efficient allocation of capital funds
- Compliance with new regulations
- Reduced overall costs
- Improved system reliability/security
- Reduced service interruptions
- More efficient maintenance and replacement activities
The complexities of an asset management program can be overwhelming to clients unfamiliar
with the process. Through our experience we have developed a compartmentalized step-wise
process that provides understandable building blocks that enable clients to process
the requirements, importance and functionality of each program element. B&V
Water professionals approach an asset management program through five basic steps:
- Step 1 – Asset inventory
- Step 2 – Asset valuation
- Step 3 – Evaluation of asset capabilities
- Step 4 – Asset maintenance
- Step 5 – Optimization of assets
Once in place, an asset management program provides an integration of client management
activities to simultaneously enhance and simplify:
- Asset tracking
- Maintenance scheduling
- Master planning
- Capital planning
- Operation
Enterprise Management Solutions (EMS)
Black & Veatch focuses on the decisions an executive has to make to develop
a workable strategy for a portfolio of assets; i.e., assets in the portfolio, value
in the marketplace, capital allocation, and so on. See a complete description of
EMS' services.
Construction and Procurement (C&P)
Black & Veatch offers outage planning capabilities and execution capabilities
and maintains key alliances with technology/IT providers. See a complete description
of C&P's services.