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
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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
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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.

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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.

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