2018-04-10 S&O Agenda - Attachment 1 to Item 6 - Sand Recycling System Asset Management Plan

4. Lifecycle Management Plan
4.1       Assets
The Noosa Main Beach sand recycling system was constructed in 2008 and featured:

•     Main Building that includes – pump room, control Room, toilet and various plant & equipment.
•     Intake jetty that includes supporting infrastructure.
•     1.6 kilometres of pipework.
•     Slurry pump system.
•     14 x specialised valves.
•     Instrumentation to monitor and regulate the pumping activities.
•     Compound security fencing & gates.




4.2       Asset Valuation
The value of the SRS, at the end of the financial year 2016/2017 for the purposes of this asset
management plan is summarised below:

            2017               Current Asset Cost   Current Depreciation     Written Down Value

    Sand Recycling System              $3,540,473                $576,074              $2,964,399

Table 3: SRS Asset Valuation



4.3       Asset Condition
Levels of service and asset management decision making should be directly linked to asset
condition; this determines what condition the asset should be in before an asset management
intervention. The intent of current and future condition assessments is to:
•     Provide a robust and repeatable process for carrying out condition assessments on Council
      assets;
•     Use condition assessments to develop programs for intervention with regards to further
      inspection, monitoring, maintenance and renewals;
•     Provide a coarse surrogate for likelihood of asset failure for those assets not inspected.



Asset Management Plan: Noosa Main Beach Sand Recycling System                                Page 9