Project summary

The Asset Management Plan Summary template enables councils to articulate their service objectives, costs and risks in a scalable and consistent way.

This project delivered:

• A structured and consistent approach to writing asset management plans with such plans providing cash flow projections & inputs for the long-term financial plan.
• Assists with community engagement on service level trade-offs, costs, and risks.
• Demonstrates financial sustainability is within the grasp of most if not all councils.
• Be an enabler for audit and follow-up.
• Ensures asset management information and systems provide a reliable basis for decision making and reporting.
• Enable councils to achieve and maintain core level maturity for Infrastructure Asset Planning in accordance with National Asset Management Assessment Framework that meet state-based legislative requirements.

Project outcomes

A structured, scalable and consistent approach for communicating the detail in the I&AM Plan. It is anticipated that the template will be an enabler for audit and follow-up by ESCOSA and the Department of Local Government.

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Project benefits

Beyond this funded project life, IPWEA has committed to regular review of the template to ensure that it is kept up to date. This is consistent with all available templates of the local government sector.