2018-12-11 S&O Agenda - Attachment 1 to Item 16 - Road Infrastructure Asset Management Plan

Table of Contents
1.   Executive Summary ............................................................................................................. 3
2.   Introduction .......................................................................................................................... 4
     2.1         Asset Management Plan Definition and Purpose...................................................... 4
     2.2         Scope ....................................................................................................................... 4
     2.3         Road infrastructure................................................................................................... 4
     2.4         Road infrastructure Asset Management Objectives .................................................. 5
     2.5         Levels of Service ...................................................................................................... 5
     2.6         Legislative & Standards Requirements..................................................................... 6
     2.7         Current Levels of Service ......................................................................................... 6
     2.8         Measured Levels of Service ..................................................................................... 7
3.   Future Demand .................................................................................................................... 7
     3.1         Demand Drivers ....................................................................................................... 7
     3.2         Demand Impacts on Assets...................................................................................... 8
     3.3         Climate Change Adaptation...................................................................................... 8
4.   Lifecycle Management Plan ................................................................................................ 9
     4.1         Assets ...................................................................................................................... 9
     4.2         Asset Valuation ........................................................................................................ 9
     4.3         Asset Condition ...................................................................................................... 10
     4.4         Road infrastructure Operations & Maintenance Plan .............................................. 14
     4.5         Asset Renewals ..................................................................................................... 15
     4.6         Capital Upgrades and New Assets ......................................................................... 16
     4.7         Capitalisation of Assets .......................................................................................... 17
     4.8         Disposal and Replacement of Assets ..................................................................... 18
5.   Risk Management .............................................................................................................. 19
     5.1         Critical Assets ........................................................................................................ 19
     5.2         Risk Assessment.................................................................................................... 19
6.   Financial Summary ............................................................................................................ 20
     6.1         Financial Statements and Projections .................................................................... 20
     6.2         Funding Strategies ................................................................................................. 20
     6.3         Budget Forecasts ................................................................................................... 20
7.   Plan Improvement and Monitoring ................................................................................... 22
     7.1         Status of Asset Management Practices .................................................................. 22
     7.2         Improvement Program............................................................................................ 22
     7.3         Monitoring and Review Processes for the Asset Management Plan ....................... 23
     7.4         Asset Management Effectiveness .......................................................................... 23
     1.1         SEALED ROADS - SERVICE LEVEL CATALOGUE .............................................. 24
8.   ANNEX A: Levels of Service ............................................................................................ 24
     1.2         GRAVEL ROADS - SERVICE LEVEL CATALOGUE.............................................. 27


Asset Management Plan: Roads Infrastructure                                                                                           Page 1