Assets management

A key issue facing local governments is the management of ageing assets in an environment with reduced funding capabilities and increased pressures to ‘do more with less’

Effective asset management is a critical component for any Council ensuring decision-making is aligned to the strategic objectives of Council and most importantly the long-term sustainability of the community. Asset Management Plans form a vital part of Council’s integrated planning framework. We cannot have good financial sustainability without good asset management. Council recently adopted the NAMS.Plus suite of documents, which is an initiative of the Institute of Public Works Engineering Australasia (IPWEA) to develop a Long-Term Asset Management Strategy and accompanying Asset Management Plans. These documents are based on the International Infrastructure Management Manual (IIMM) and aligned with the international standards on Asset Management (ISO 55000) and Risk Management (ISO 31000). This provides Council with the ability to establish a framework to guide the planning, construction, maintenance, operation, and renewal of essential public assets required to service the community, at a financially sustainable level.

New fuel bowser at Sabai