2014-09-16 Infrastructure & Services Committee Agenda

INFRASTRUCTURE & SERVICES COMMITTEE MEETING AGENDA                                          16 SEPTEMBER 2014


5                         COUNCIL POLICY - ASSET MANAGEMENT
DOCUMENT IN FOR MATI ON




Author                               Asset Planning Manager, Bryan O’Connor
                                     Planning & Infrastructure Department

Index                                Subject\Governance and Executive\Council Policies

Attachments                          1.   Council Policy, Asset Management


EXECUTIVE SUMMARY
Asset Management is the holistic management of assets across an organisation. The majority of
Council’s assets exist because they provide a service to the community and are varied in type
and complexity in how they are managed. For asset management to be effective in any
organisation it must be driven from the highest level of management and embraced by all staff.
The principles identified in the Asset Management Policy set the framework for Noosa Council to
become a leader in the management of community’s assets.

The draft Council Policy – Asset Management details Council’s approach to asset management
and the principles for the continued improvement in the discipline of asset management.

RECOMMENDATION
That Council note the report by the Asset Planning Manager to the Infrastructure & Services
Committee Meeting dated 16 September 2014 and:
A.                        Rescind the existing Asset Management policy that transferred to Council from the
                          Sunshine Coast Regional Council under the Local Government (De-amalgamation
                          Implementation) Regulation 2013; and
B.                        Adopt the new Asset Management poliy provided at Attachment 1 to the report.



REPORT
Noosa Council owns and manages approximately $1 billion worth of assets for the community.
Council’s assets are varied and complex and include roads, bridges, buildings, parks, community
facilities, sports facilities, drainage, pathways and coastal infrastructure. These assets require
various levels of management, technical knowledge and maintenance interventions in optimising
decision making to ensure maximum operating potential from them for the whole of their life.

The draft asset management policy provides direction in relation to the management of its
infrastructure and assets. The policy defines the principles for effective asset management
including a whole of lifecycle approach, governance, appropriate maintenance and adequate
renewal / replacement of our assets.

This policy will be supported in the future by a Strategic Asset Management plan that will provide
specific detail on how to manage specific asset types to the agreed service levels and how to
maintain them into the future. In addition there will be the development of asset management
plans for specific asset classes that will demonstrate the ‘state of the asset’, profile funding and
defines asset management practices and highlight the principles to guide staff on best practice in
managing Councils infrastructure.




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