Asset maintenance management booklet of the comptroller’s handbook

Comptrollers handbook booklets, asset management series asset management. Comptrollers handbook ffiec it examination handbook. Joel levitt in his book the handbook of maintenance management compared maintenance costs to an iceberg. Appendix a definitions ship service life extension program slep. The table of updates since publication in the back of each booklet summarizes the updates to the comptroller s handbook booklets. The office of the comptroller of the currency occ issued today the retail lending booklet of the comptrollers handbook. On june 28, the occ issued bulletin 201818, which revises and updates certain booklets of the comptrollers handbook. The state of new york, its officers, employees, andor agents are not liable to you, or to third parties, for damages or losses of any kind arising out of, or in connection with, the use or performance of such information. Occ issues updates to comptrollers handbook buckley llp. The office of the state comptroller does not warrant, promise, assure or guarantee the accuracy of the translations provided. We are in search of more integrated models to serve our thinking and actions in the future, and. Dinapoli, state comptroller division of local government and school accountability local government management guide. It provides both an introduction and a convenient reference work, covering the main areas of physical asset management.

It summarises what you need to do in order to qualify for accreditation and to stay qualified. A good plan sets out what youve got, what you need to do, how youre going to do it, and how much it will cost. Download 17 maintenance ppt, maintenance powerpoint. Each district is responsible for the maintenance of its asset inventory. Standard criteria for the uniform inspection of rest areas and welcome centers maintenance rating program handbook. References to national banks in this booklet also generally apply to federal branches and agencies of foreign banking organizations. Asset management planning will provide your agency with best practices for the operation and maintenance of assets so money can be used wisely in the future. The occs policy on functional supervision will be included in the bank supervision process booklet of the. Dedicated to my wife, stephanie this book came about because my son, who had just started his msc in offshore engineering at cranfield university, said to me that since i supposedly knew a fair bit about asset integrity management, i should write a book on it. This handbook aims to assist at different levels of understanding whether the manager is an engineer, a production manager.

If improvements are made to an asset in the form of extraordinary maintenance or additional parts are bought and added to it, there is no need to open another file. Refer to 12 usc 3102b and the federal branches and agencies supervision booklet of the comptroller s handbook for more information. The occ is publishing a series of asset management booklets, of which this booklet is. Curves were modified here to take account of the experience gathered through 20 interviews conducted with environment agency area staff in operations delivery and asset systems management. Buy and save 30% on all our maintenance training powerpoint presentations, reliability, maintenance engineering and asset maintenance management training course content and maintenance pdf books. Commercial real estate lending, comptrollers handbook. The comptrollers statewide procurement division released the state of texas procurement and contract management guide. The procedures manual implementation and administration is the responsibility of the vice president of property management for the asset. The information input to create an asset file is sufficient. On march 27, 2014, the office of the comptroller of the currency occ issued a new handbook asset based lending, which provides guidance to federal bank examiners, national banks and federal savings associations 1 on the safety and soundness of asset based lending abl. This booklet provides guidance applicable to core asset management operations functions and internal controls. These documents are produced and maintained by the opsc.

The publications include general program information and archives of previous programs. Guide for tree, palm maintenance for urban roadsides and landscape areas. Occ updated the bank supervision process, community bank supervision, federal branches and agencies supervision, and large bank supervision booklets of the comptrollers handbook. Revisions are a complete reissue of the entire document. The procedures for acquisition of fixed assets are covered through the general policies. Asset management is increasingly well understood by the business community as a strategic and business led discipline, where the value of assets is their contribution to achieving explicit business objectives. The asset management booklet of the comptrollers handbook provides. Financial management policy manual change log this record shall be maintained throughout the life of the document. Also describe the approval processes for accepting or rejecting asset valuations. The department, under the direction of the state comptroller, is responsible for. The book is a toptobottom description of the processes, practices, technology, implementation, and results attainable with physical asset management in a highly.

Guidance on determining asset deterioration and the use of. State of texas procurement and contract management guide. The purpose of the financial management handbook handbook is to present the department of energys does standards, procedures, and operational requirements in support of the accounting policies, principles, and applicable legal requirements contained in doe order 534. For further discussion of fiduciary audits, refer to booklets in the asset management series of. An introduction to asset management a simple but informative introduction to the management of physical assets. Dedicated to my wife, stephanie asset integrity jigsaw. Maintenance management accreditation guide january 20 3 the purpose of this guide this guide is an introduction to maintenance management accreditation. Comptrollers handbook 1 asset management operations and controls as of january 6, 2012, this guidance applies to federal savings associations in addition to national banks. Comptrollers handbook 1 residential real estate lending introduction the office of the comptroller of the currencys occ comptrollers handbook booklet, residential real estate lending, is prepared for use by occ examiners in connection with their examination and supervision of national banks and federal savings associations. This booklet provides an overview of the asset management business, its risks, and sound risk management processes. Effective maintenance dupont maintenance study results 7. It also explains where to find other important information about the national. Bank supervision booklet of the comptrollers handbook. The section incorporates existing liquidityrisk management guidance, which is discussed in separate sections of this manual and the commercial bank examination manual, as well as in guidance issued by the of.

Asset management operations and controls, comptrollers. Financial management and comptroller financial management policy manual october 2017. Federal branches and agencies supervision, comptrollers handbook. Financial management policy manual department of the navy assistant secretary of the navy management policy. Handbook of maintenance management and engineering springer.

The book is a toptobottom description of the processes, the new fourth edition is a major update and expansion almost 150 additional pages, or 40% over the previous edition. Cayuga county vehicle maintenance pool service to the city of auburn cooperative highway. Asset maintenance management the path toward defect elimination the evolution of maintenance practices 1. Contents list of contributors xxv part i maintenance organization. For further discussion of fiduciary audits, refer to booklets in the asset management series of the comptrollers handbook. Occ reo comptrollers handbook vrm mortgage services. This guide is a complete rewrite of the state of texas procurement manual and the state of texas contract management guide, which are merged into one document with the goal of providing a holistic approach to government procurement. Other real estate owned booklet of the comptrollers handbook new booklet provides guidance on oreo. Supervision process booklet of the comptrollers handbook. These costs are often the part that management sees as a burden and are often the.

The asset management approaches expressed in the new asset management handbook are designed to connect top management to the physical asset base using a concept called line of sight. This book explores the discipline of asset management and demonstrates how it can be used. Copy of the most recent internal unique assets audit and associated management response. It can also show the cumulative cost of those services in terms of materials, staff time and overhead. Asset management operations moves and controls cash balances, marketable securities, and tangible assets.

Introduction to physical asset and maintenance management. Asset management comptroller s handbook comptroller of the currency on. Six elements of a successful maintenance management. At this point, the only thing left to do is to save, using the save button the record has now been added to the file.

This book is based on my involvement in asset management in a range of indus. Core operations functions include safeguarding assets, servicing securities, processing cash and securities transactions, maintaining internal controls, record keeping and. Comptroller s handbook asset management occ overview this booklet provides an overview. Throughout this manual the two systems will be discussed together forming the entities fixed assets system. Each division should appoint one person, and one backup person, to be the single point for asset management in their area. Asset management frameworks require that value and acceptable risk be defined and understood at all levels of the organization. Personal fiduciary activities, comptrollers handbook. Maintenance has become a multidisciplinary activity and one may come across situations in which maintenance is the responsibility of people whose training is not engineering. Developing your management plan will allow you to display your research and analytical skills, illustrate your ability to synthesize a vast range of facts and opinions into a.

Pdf handbook of maintenance management and engineering. The last time you had your car serviced or decorated your house, you were managing an asset. The office of the comptroller of the currencys occ comptrollers handbook is prepared. Financial management handbook department of energy. If you are encountering asset management for the first time, this book should be a helpful introduction to the key topics. Maintenance staff utilizing both funding and legislative guidance to provide the appropriate emphasis. Community bank supervision, comptrollers handbook lexis. Asset maintenance records can provide municipal managers with information needed to make key decisions. For full details of each course presentation content and pdf book please follow the links in the list below for the individual items. The primary purpose of the operations manual is to list the information that the owner requires its selfmanaged and or third party managers to keep. This new booklet, part of the safety and soundness category of the comptrollers handbook, discusses the risks associated with retail lending and provides a framework for evaluating retail credit risk management activities. Basic guide for gasb 34 phase iii local governments. Asset management office of the comptroller of the currency. September, 20 the office of the comptroller of the currency occ released updated guidance on the acquisition, management, disposition and accounting of residential reo the updated occ booklet replaces the similarly titled booklet from march 1990.