2019-07-09 S&O Agenda - Item 5 - Attachment 1 - Building and Facilities Asset Management Plan

Renewal expenditure is work which does not increase the buildings and facilities design capacity but
restores, rehabilitates, replaces or renews an existing asset to its original service capacity. Improved
condition assessment data capture is currently being developed to include asset renewal
considerations based on physical conditions and estimates of remaining useful life of assets to guide
and improve renewal programs. Renewal plans are developed to maintain levels of service to ensure
assets achieve their optimal useful life before they reach the asset condition range of 5. Staff
continue to work through the various asset classes to develop renewal programs for the specific
asset classes.

As previously stated - In the absence of condition data, an age-based approach to identify when
Council’s buildings and facilities will reach their useful life has been developed to determine an
overall renewal plan. Priority is required across all the assets classes that have not had physical
condition assessments to develop a suite of renewal programs.

The graph below depicts the past and planned renewals by capital program including the next 10
years. There are major renewals undertaken in the 2018/19 financial year that related to Noosa River
Holiday Park Amenities and Noosa Library renewals. It is expected that through ongoing and detailed
physical condition assessments that more defined renewals will replace the traditional “bucket”
allocations that are currently identified and replaced with asset specific renewal programs within the
10-year capital works program.

As the buildings and facilities assets age, continued condition assessments are required to monitor
the assets deterioration profiles and will produce the more defined renewal plans. The graph below
enables Council to identify and plan for these significant renewal activities for the next 10 years.




Figure 8: Buildings and Facilities Asset Renewal Costs

4.6     Capital Upgrades, Expansion and New Assets
There is a need to develop more maturity in the overall assessment and management of our buildings
and facilities assets before there is a consideration for further upgrades and expansion of the
buildings and facilities assets. Changes in demographics, increased patronage, cost benefits,
sustainability, environmental impacts and overall community benefit are key indicators when
planning for capital upgrades and new buildings and facilities assets.


Asset Management Plan: Buildings and Facilities                                                Page 16