2018-08-07 S&O Agenda - Att 1 to Item 1 - Draft Bridges 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         Road Bridges ........................................................................................................... 4
       2.4         Road Bridges 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 ..................................................................................... 6
3.     Future Demand .................................................................................................................... 7
       3.1         Demand Drivers ....................................................................................................... 7
       3.2         Demand Impacts on Assets...................................................................................... 7
       3.3         Climate Change Adaptation...................................................................................... 7
4.     Lifecycle Management Plan ................................................................................................ 8
       4.1         Assets ...................................................................................................................... 8
       4.2         Asset Valuation ........................................................................................................ 8
       4.3         Asset Condition ........................................................................................................ 8
       4.4         Operations ............................................................................................................. 11
       4.5         Bridge Maintenance Plan ....................................................................................... 12
       4.6         Asset Renewals ..................................................................................................... 13
       4.7         Capital Upgrades and New Assets ......................................................................... 14
       4.8         Capitalisation of Assets .......................................................................................... 14
       4.9         Disposal and Replacement of Assets ..................................................................... 15
5.     Risk Management .............................................................................................................. 16
       5.1         Critical Assets ........................................................................................................ 16
       5.2         Risk Assessment.................................................................................................... 16
6.     Financial Summary ............................................................................................................ 17
       6.1         Financial Statements and Projections .................................................................... 17
       6.2         Funding Strategies ................................................................................................. 17
       6.3         Budget Forecasts ................................................................................................... 17
7.     Plan Improvement and Monitoring ................................................................................... 19
       7.1         Status of Asset Management Practices .................................................................. 19
       7.2         Improvement Program............................................................................................ 19
       7.3         Monitoring and Review Processes for the Asset Management Plan ....................... 20
       7.4         Asset Management Effectiveness .......................................................................... 20
ANNEX A: Measured Levels of Service ..................................................................................... 21
ANNEX B: Bridge Asset Register.............................................................................................. 23


Asset Management Plan: Road Bridges                                                                                                     Page 1