Meeting papers

ATTACHMENT 13 - ASSET MANAGEMENT POLICY



                                                                              Council Policy
                                                              ASSET MANAGEMENT
                                                                         POLICY
  Corporate Plan Reference:                    Livability
                                               2.7 Fund and deliver sustainable assets and facilities
                                               and associated services responding to the changing
                                               needs of the community and the challenges and
                                               opportunities of the future.
  Endorsed by Council:                         30 June 2025

  Policy Author:                               Civil & Asset Operations Manager



 POLICY BACKGROUND

 The purpose of this policy is to establish a structured and sustainable approach to asset management
 across Noosa Council. The policy aims to ensure that all Council owned assets are effectively
 managed to maximize their service delivery potential, ensure sustainability, and meet community’s
 needs.

 COUNCIL POLICY

 This policy applies to all physical assets owned or controlled by Noosa Council, including but not
 limited to:
      • Transportation Infrastructure (Roads, Bridges, Carparks, Pathways and Boardwalks)
      • Stormwater drainage
      • Buildings and Facilities
      • Parks and Playground facilities
      • Land.

Policy Objectives

The policy’s objectives are to:
   • Deliver sustainable asset that are effectively managed.
   • Ensure assets support the delivery of high-quality services to the community
   • Optimise asset performance and value over their lifecycle
   • Align asset management practices with Noosa Council’s strategic goals
   • Ensure compliance with all relevant legislative and regulatory requirements.

Guiding Principles

Sustainability
   • Incorporate environmental, social, and economic sustainability into all asset management
      practices.
   • Minimise environmental impacts through efficient resource use and sustainable asset design.
   • Incorporate Noosa Design Principles in the management and delivery of infrastructure.
   • Identify value for money and fit for purpose approach on asset and material selection.




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