The Village of Myrnam, County of Two Hills, and Town of Two Hills have been invited to a $1,000,000 Alberta Community Partnership pilot project to implement an Asset Management Action Plan, including systemized asset inventories, gap analysis, service/risk assessments, and integration with budgeting. The grant will cover $750,000, with $250,000 (25%) to be cost-shared among the three municipalities using one of several proposed formulas, and municipal contributions are not required until 2027. This is a multi-jurisdiction asset management system and process implementation, with scope explicitly including asset inventories and roadmap development that typically require software platforms, consulting, data collection, and training.Cost-sharing methodology and detailed implementation approach are still being discussed, so vendors that provide municipal asset management software, data services, or implementation consulting can help shape the solution stack and support the municipalities as they plan for the 2027 funding and rollout.

Multiple cost-sharing options (population, equalized assessment, fixed percentages, asset value, etc.) are under consideration, indicating inter-municipal negotiations are active.