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

2. Introduction
2.1       Asset Management Plan Definition and Purpose
“Documented information that specifies the activities, resources and timescales required for an
individual asset, or a grouping of assets, to achieve the organisation’s asset management
objectives.”1

The purpose of the Sand Recycling System (SRS) asset management plan is to define the whole of
life activities associated with operating and maintaining the SRS for the Noosa Community. The plan
identifies the assets and the levels of service to meet the expectations of the Noosa Community. A
key outcome of the asset management plan is the identification of the current state of the asset
conditions and the development of renewal and maintenance plans. Importantly, the identification of
future costs and potential risks to the assets that support the service for operating the sand recycling
system is fundamental in achieving the asset management objectives for Noosa Council.




2.2       Scope
The scope of this asset management plan is to ensure the SRS meets, demonstrates and
incorporates the following key asset management objectives:

•     A description of assets and the services provided;
•     Links to Councils long term financial plan through:
      o     An asset renewal program reflecting Council’s Capital Works Program.
      o     A maintenance program.
•     Levels of service and demand are identified and determined.
•     The assets are identified with a condition.
•     Life cycle costs are addressed.
•     Long-term cash-flow requirements are forecasted for asset renewals, maintenance and
      operations.
•     Asset rationalisation and disposal is addressed.
•     The risk management activities associated with the SRS.




1 ISO 55000:2014 (3.3.3) Asset Management – Overview, principles and terminology

Asset Management Plan: Noosa Main Beach Sand Recycling System                                    Page 4