2018-03-12 GC Agenda - Attachment 1 to Item 5 - Noosa Aquatic Centre Asset Management Plan

                                                                                    Noosa Council
                                                                            Asset Management Plan
                                                                              Noosa Aquatic Centre
Asset Valuation
The value of the NAC, at the end of the financial year 2016/2017 for the purposes of this AMP is
summarised below:

                           Current Asset Cost         Asset Depreciation     Written Down Value


    Noosa Aquatic          $7,118,910.40              $2,439,874.17          $4,679036.23
    Centre

                                       Table 1: NAC Asset Valuation

NAC 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 AM intervention. The
intent of current and future Condition Assessments (CA) 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.
A consistent condition ranking scale has been chosen by Council as the framework for measuring
NAC assets. This is defined in Annex C. Any asset scoring 4 to 5 will be considered under a renewal
program.

Two significant CAs have been conducted on the NAC during the 2016/2017 financial year. The initial
CA covered all NAC pool plant equipment and provided comprehensive condition information for all
pool plant and equipment. The assessment included estimated economic life, asset condition, repair
priorities, expected year of replacement and costs for replacement of assets. The second CA covered
NAC building & facility assets. Supporting civil infrastructure such as carparks, fencing, pathways
and drainage were not included on either of the asset condition assessments.

In asset reporting an approach to linking individual assets to each pool has been undertaken. The
remainder of assets grouped “general” includes supporting civil assets, buildings and minor facilities.

The Graph below details the assets inspected by the combined Condition Assessments. The asset
conditions are ranked according to the International Infrastructure Management Manual (IIMM). The
combined rating of these assets resulted in a 2-3 (Very Good to Good) rating. These assets are
grouped consistently and reported accordingly throughout this document.




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