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

Table of Contents
1.    Executive Summary ............................................................................................................. 3
2.    Introduction .......................................................................................................................... 4
      2.1         Asset Management Plan Definition and Purpose...................................................... 4
      2.2         Scope ....................................................................................................................... 4
      2.3         Buildings and Facilities ............................................................................................. 4
      2.4         Buildings and Facilities Asset Management Objectives ............................................ 5
      2.5         Levels of Service ...................................................................................................... 5
      2.6         Legislative & Standards Requirements..................................................................... 5
      2.7         Current Levels of Service ......................................................................................... 6
      2.8         Measured Levels of Service ..................................................................................... 7
3.    Future Demand .................................................................................................................... 8
      3.1         Demand Drivers ....................................................................................................... 8
      3.2         Demand Impacts on Assets...................................................................................... 8
      3.3         Climate Change Adaptation...................................................................................... 8
4.    Lifecycle Management Plan ................................................................................................ 9
      4.1         Assets ...................................................................................................................... 9
      4.2         Asset Valuation ........................................................................................................ 9
      4.3         Asset Condition ........................................................................................................ 9
      4.4         Buildings and Facilities Operations & Maintenance Plan ........................................ 14
      4.5         Asset Renewals ..................................................................................................... 15
      4.6         Capital Upgrades, Expansion and New Assets....................................................... 16
      4.7         Capitalisation of Assets .......................................................................................... 17
      4.8         Disposal and Replacement of Assets ..................................................................... 17
5.    Risk Management .............................................................................................................. 18
      5.1         Critical Assets ........................................................................................................ 18
      5.2         Risk Assessment.................................................................................................... 18
6.    Financial Summary ............................................................................................................ 19
      6.1         Financial Statements and Projections .................................................................... 19
      6.2         Funding Strategies ................................................................................................. 19
      6.3         Budget Forecasts ................................................................................................... 19
7.    Plan Improvement and Monitoring ................................................................................... 21
      7.1         Status of Asset Management Practices .................................................................. 21
      7.2         Improvement Program............................................................................................ 21
      7.3         Monitoring and Review Processes for the Asset Management Plan ....................... 22
      7.4         Asset Management Effectiveness .......................................................................... 22




Asset Management Plan: Buildings and Facilities                                                                                        Page 1