2015-10-13 Infrastructure & Services Committee Agenda

Page 13 of 25

RISKS                                                                       %
        1.  Asset deterioration and structural failure;             Asset condition
        2.  Contributed   assets   not  meeting    the              The level of confidence in asset condition data for
            required levels of service or being fit for             buildings and facilities infrastructure is very low. The
                     :                                              current asset conditions utilised in this plan are
            poloem,           wid            :     :                determined on an “aged based” calculation and
        3.  Buildings and facilities not compliant with             therefore do not reflect their true physical condition.
            current regulations and standards;
        4.  Disaster events such as fire, flood and,                In addition to using a “desktop” based calculation to
            storm:                                                  determine the asset condition, there will also be
        5   Mali 5       Macks      h          denies               inaccuracies due to factors which may further
          :   Penns See ee             ae Sane                      understate the actual condition of buildings and
            and                                                     facilities assets. The condition profile reflected in the
        6.  A lack of condition knowledge across the                adjacent graph indicates that, generally, assets are
            network    contributing   to __ ill-informed            not that old and only a small number of assets are
           decisions.                                               close to the end of their expected life.
                                                                    The first major improvement in asset management
                                                                    activities for this asset class is to undertake physical
           =                                                        asset condition assessments. Once this is completed,
           o                                                              -     .
           S                              Hr                        a mofe detailed assessment of future renewal
           a Age Based Condition                                    investments Cambe made and integrated into
           g               Profile                                  financial planning.
           o
           =                                                        The physical condition assessments commenced in
           g9,000                                                   early 2015 and the resultsiof these condition
            30,000                                                  assessments, will be compiled,within the asset
           &                                                        system to’ assist in developing maintenance and
           = 0,000                                                  renewal programs into the future.
           “10,000
                 0                         i                                              Assessment
                        1     2      3      4     5                    [EET    OEP ToT
                                                                           4   Very Good Condition
                            Condition Rating                                   Only normal mainetnance required
                                                                           2    Minor Defects Only
                                                                                Minor maintenance required (5%)
                                                                                Maintenance Required To Return to Accepted
                                      =           7                        3    Level of Service
                                                                                Significant maintenance required (10-20%)
      Asset renewal                                                        4    Requires Renewal
                  nr        2        oo             :                           Significant renewal/upgrade required (20-40%)
      Although existing renewal activities are primarily as  |             5   Asset Unserviceable
      a result of asset failure and defectidetection, the                       Over 50% of Asset requires replacement 4
      development of arenewal programme will improve                The Physical Asset Condition is measured using the “core asset
                a          sti           ata i      nti             management approach” based on a 1 - 5 scale from the |IMM,
      the capability of predicting appropriate intervention         International Edition 2011. This is a universal approach being used
      timeframes.                                                   for the majority of Council's infrastructure until more advanced
                                                                    asset management practices are considered.
      There are no major (greater than $500k) renewals
      proposed for buildings and facilities assets in the
      current 5 year capital programme.

      Improvement Plan
          1.  Finalise physical asset condition assessments across all buildings and facilities assets;
         2.   Reconcile financial asset data, GIS data and inspection data to ensure a single point of truth for asset data
              within the asset system;
          3. Develop a long term asset replacement programme integrated with financial planning and asset
    4         deterioration modelling;
7         4.  Produce ‘next generation’ Asset Management Plans at a lower level of asset class hierarchy, for example
              specific to libraries, in more detail.

        NOOSA COUNCIL                    PO Box 141                      P. (07) 5329 6500          [email protected]
        “Set iD: 199618:                 TEWANTIN QLD 4565               F. (07) 5329 6501          www.noosa.qld.gov.au

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