Local Governments in WA manage built assets valued at about $38 billion. These assets include roads, bridges, paths, drains, recreation centres, libraries, and a host of other facilities.
These assets typically have a long life if well maintained and adapted to meet changing community needs. WALGA is committed to encouraging sound Asset Management practices that minimise the life-cycle cost of assets, manage risks and deliver the best possible services to the community. In 2020-21, Local Governments spent over $940 million maintaining, renewing and improving roads and paths alone.
An Asset Management Plan is an integral part of the Integrated Planning Framework for Local Governments and requires reliable asset data to underpin budgeting and decision making.
Consultancy Services
WALGA’s Preferred Supplier Panel for Professional Consultancy Service and Engineering, Environmental and Technical Consultancy provides a range of strategic and technical services to support Local Government activities. The services include Asset Management Services, Geospatial Data Mapping and Reporting, and Valuation Services.
Benefits
Asset Management is an integral component of the Strategic Integrated Planning Framework. Without Asset Management, Corporate Plans and Budgets cannot reliably allocate funding for asset maintenance and renewal with any level of confidence.
Asset Management helps Local Governments manage the stewardship of assets they are entrusted with.
The benefits of correctly performed Asset Management include:
- Improved cost efficiency and reduced costs.
- Improved customer satisfaction by matching levels of service with what customers want and are willing to pay for.
- More transparency in decision making (stronger governance and accountability), including meeting regulatory and audit requirements.
- Judicious economical investment.
- Better sustainability through the development of long-term plans with equitable funding services across generations.
- Management of corporate knowledge and decisions.
“The objective of Asset Management is to meet the required level of service in the most cost effective manner, through the management of assets for present and future customers” (ref: IIMM 2011).
Road Condition Assessments
The Road Visual Condition Assessment Manual is a tool designed to assist Local Governments to collect and interpret data concerning road network condition. This enables an assessment of the road network performance at a point in time and the assessment of the effectiveness of the management strategies over time. The approach can be used to guide the identification of the highest priorities for maintenance and capital works.
