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

                                                                                           Noosa Council
                                                                                   Asset Management Plan
                                                                                     Noosa Aquatic Centre


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

 The purpose of the Noosa Aquatic Centre (NAC) asset management plan is to define the whole of
 life activities associated with operating and maintaining an aquatic centre for the Noosa Community.
 The plan identifies the assets and the levels of service to meet the needs of patrons. 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 an aquatic centre is
 fundamental in achieving the asset management objectives for Noosa Council.

 Scope
 The scope of this asset management plan is to ensure the NAC 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 NAC.




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

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