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

Asset condition inspections and asset data collection is included in operational costs of the SRS.
Asset inspections, asset data collection and condition assessments will be carried out on a cyclic
three-year basis. It will support the accumulation of more comprehensive and refined asset data;
creating a greater understanding of the condition and deterioration profile of assets. As renewal work
is completed, asset inventories will be updated through the capitalisation process.


4.5      Maintenance Plan
Maintenance is fundamental for the ongoing operations of the SRS; it is considered an investment
rather than a liability. The SRS relies on maintenance costs, these are a significant annual
investment that directly influence the operation of the facility. The ongoing development of asset
knowledge through asset inspections, maintenance inspections, subsequent defect monitoring and
repairs are fundamental in developing sustainable intervention levels for renewals and replacement
of SRS assets.

The figure below depicts maintenance specific activities generated from the condition assessments
undertaken. Not all asset maintenance activities have been completely determined and therefore are
not reflected in this table.


                               Annual Asset Maintenance Costs                 Sea Water Supply Pump Station
  $30,000.00                                                                  (SWSPS)
                                                                              Sand Pumping Station (SPS)


  $25,000.00



  $20,000.00



  $15,000.00



  $10,000.00



   $5,000.00



         $-
               2018    2019    2020    2021    2022    2023    2024    2025       2026      2027




Figure 3: Annual Maintenance Costs by Asset Group

Ongoing maintenance costs are identified to ensure Council understands the whole of life costs
associated with the operations of the facility. The figure below identifies the long term financial
commitment required in maintaining assets. In order to maintain assets to an acceptable level, the
cumulative costs over a ten year period will equate to $250k. Annex D provides a more detailed list
of maintenance activities per annum by assets.




Asset Management Plan: Noosa Main Beach Sand Recycling System                                       Page 12