2021-01-18 GC - Item 7 - Attachment 1 - Pathways and Boardwalks Asset Management Plan

The current condition is based on the remaining life of the asset. It is recommended to reconcile this
asset information and undertake physical condition inspections to develop a suitable renewal
program for these assets. The development of these renewal programs for each asset class is
essential in further improving the 10-year Capital Works Program.




4.4     Pathways and boardwalks Operations & Maintenance Plan
Operational and maintenance activities are fundamental for the ongoing management of the
pathways and boardwalks; it is considered an investment rather than a liability. The pathways and
boardwalks assets rely on operational and maintenance costs for the serviceability of the assets
identified in this plan. These activities are a significant annual investment that directly influence the
potential for pathways and boardwalks assets to reach their intended service life. The ongoing
development of asset knowledge through asset inspections, improved maintenance activities,
subsequent defect monitoring and repairs are fundamental in developing sustainable intervention
levels for renewals and replacement of pathways and boardwalks assets.


          Budget         Forecast        Forecast       Forecast         Forecast        Forecast
 Year     2017/18        2018/19         2019/20        2020/21          2021/22         2022/23
 O&M      $845,002        $862,085       $986,529       $1,006,259       $1,026,384      $1,046,912

          Forecast       Forecast        Forecast         Forecast       Forecast         Forecast
 Year     2023/24        2024/25         2025/26          2026/27        2027/28          2028/29
 O&M       $1,067,850     $1,089,207     $1,110,992       $1,133,211      $1,155,876      $1,178,993

Table 2: Annual Operational & Maintenance Costs across pathways and boardwalks

Maintenance and operational costs are identified to ensure council understands the whole of life
costs associated with the day-to-day management of pathways and boardwalks assets. Figures 5 &
5 below, identifies the long term financial commitment required in operating and maintaining pathway
and boardwalk assets. In order to maintain assets to an acceptable level, the cumulative costs over
a ten-year period will equate to $14.2m.




Asset Management Plan: Pathways and Boardwalks                                                  Page 16