Alf Della Monica – Regional Manager VIC/TAS
With Victorian local government elections a little over 12 months away, councils are starting to ramp up their asset management commitments.
Section 92 of the LG Act 2020 requires councils to adopt an Asset Plan by 31 October following each election, this also includes complying with deliberative engagement practices.
In order to achieve this, councils must update Asset Management Policies & Strategies, Asset Management Plans and reflect these reviews in their Asset Plan (refer to the illustration below).
In the last six months alone, CT Management Group has worked on 20 asset management projects including AMCap assessments, Asset Management Plan updates and re-writes, State of the Asset Reporting, Asset Revaluations, Asset Renewal Modelling, Asset Maturity Reviews, Asset Data Management Framework and a number of Building Condition Assessments across 12 councils (in some cases completing multiple projects for these councils).
In 2023/24, we already have several asset management related projects in the pipeline but are expecting an influx in requests with the LG Act requirements.
If you’re an Associate with asset management experience, be prepared, I will likely be in contact with you shortly!