asset management plan updating
asset management plan updating
Auckland Motorway by Karl Hipolito

The New Zealand Local Government Act specifies a cycle of Council Long-Term Plan updating based on our 3-year electoral cycle.  The subsequent Long Term Plan updates were due in 2015.

Long-Term Plans are underpinned by Asset Management Plans, as the expenditure on activities and the assets that support those activities make up most of NZ council expenditure.

Resulting from the legal requirements to update Council Long-Term Plans, 2014 is the year Asset Management Plans must be updated so the supporting information can flow into the Long Term Plans in a timely and considered manner.

For most Councils, this means that the Asset Management Plan updating needs to be finished in July-September 2014.

Over the following few blogs, I have posted a series of short blog posts covering broader topics that I believe need to be considered in the 2014 Asset Management Plans.

The topics I have covered are:

  1. Good Project Planning and Your AMP Updating Programme
  2. Census Data for Update – Population and Demography Projections
  3. Local Government Act Changes – The Purpose of Local Government
  4. Local Government Amendment (No 3) Bill – Infrastructure Strategy Requirements
  5. Local Government Amendment (No 3) Bill – Development Contribution Changes
  6. Natural Disasters, Resilience and Contingency Planning
  7. Mandatory Performance Measures (Department of Internal Affairs)
  8. Insurance Changes
  9. ISO 55000
  10. Better Business Case Methodology
  11. Water and Sanitary Services Assessment updating
  12. Office of the Auditor-General Guidance and Audit Requirements
  13. Regional and District Plans, Strategies and Changes – application to your AMP
  14. Valuation Updates
  15. Asset Management Improvement Programme – delivery and updating

This list can also be used as a high-level checklist to ensure you haven’t missed any crucial topics.

Feel free to CONTACT US if you have some questions or you need assistance with your AMP updates.

PHOTO CREDIT: Karl Hipolito

19 Comments

  1. Timaru Consulting Company Serves 70% of NZ Territorial Authorities — Online Writing Niche 07/02/2014 at 2:38 pm - Reply

    […] As reminder for infrastructure asset managers, Ross Waugh, founder and director of Waugh Infrastructure Management Ltd., published on his blog a checklist of subjects that must be considered in asset management plan updating. […]

  2. AMP Update 2014 No.5 – LGA Amendment (No 3) Bill, Development Contribution Requirements — Waugh Infrastructure Management - New Zealand 11/04/2014 at 9:49 am - Reply

    […] schedule of infrastructure requirement has the most potential to impact 2014 Asset Management Plan updating.  Decisions will need to be made about where this schedule is maintained, how it is updated, […]

  3. AMP Update 2014 No.8 - Insurance Changes — Waugh Infrastructure Management - New Zealand 14/04/2014 at 2:10 pm - Reply

    […] robust review of Asset Management Plan risk management including insurance provisions will assist in supporting the 30 year Infrastructure […]

  4. Ethical Practice and Way of Thinking in Infrastructure Management — Waugh Infrastructure Management – New Zealand 09/05/2018 at 7:10 am - Reply

    […] Ross shared about the ethical practice that consultants must observe in creating the infrastructure asset management plan. […]

  5. AMP Update 2014 No.1 – Project Planning – Waugh Infrastructure Management – New Zealand 22/05/2018 at 4:44 pm - Reply

    […] outlined in my previous overview post, 2014 is the asset management plan updating year in New […]

  6. Asset Management Plan Update No. 4 – LGA Amendment (No 3), Infrastructure Strategy – Waugh Infrastructure Management – New Zealand 23/05/2018 at 6:01 am - Reply

    […] at the requirements listed in (4) in relation to Asset Management Plans, a review of assumptions outlined in the AMP will be required.  In many cases the assumptions area […]

  7. Asset Management Plan Update No. 5 – LGA Amendment (No 3), Development Contribution – Waugh Infrastructure Management – New Zealand 23/05/2018 at 12:45 pm - Reply

    […] schedule of infrastructure requirement has the most potential to impact 2014 Asset Management Plan updating. […]

  8. Asset Management Plan Update No. 7 – Mandatory Performance Measures – Waugh Infrastructure Management – New Zealand 23/05/2018 at 1:16 pm - Reply

    […] part of your 2014 Asset Management Plan Update you should be […]

  9. Asset Management Plan Update No. 8 – Insurance Changes – Waugh Infrastructure Management – New Zealand 24/05/2018 at 5:25 am - Reply

    […] robust review of Asset Management Plan risk management including insurance provisions will assist in supporting the 30 year Infrastructure […]

  10. Asset Management Plan Update No. 9 – ISO 55000 – Waugh Infrastructure Management – New Zealand 24/05/2018 at 5:50 am - Reply

    […] I encourage you to keep up to date with this information as you undertake your Asset Management Plan updates. […]

  11. Asset Management Plan Update No. 10 – Better Business Case Methodology – Waugh Infrastructure Management – New Zealand 24/05/2018 at 6:08 am - Reply

    […] would encourage you to look at the BBC methodology, and consider its application to your Asset Management Plan […]

  12. Asset Management Plan Update No. 11 – Water and Sanitary Services Assessment – Waugh Infrastructure Management – New Zealand 24/05/2018 at 6:34 am - Reply

    […] that you review your Water and Sanitary Services Assessment this year – to support your 2014 Asset Management Plan […]

  13. Asset Management Plan Update No. 12 – Guidance and Audit Requirements – Waugh Infrastructure Management – New Zealand 24/05/2018 at 6:46 am - Reply

    […] updating your Asset Management Plan remember to look at recent audit Management Reports, and ensure that the issues raised in the […]

  14. Asset Management Plan Update No.13 – Regional and District Plans – Waugh Infrastructure Management – New Zealand 24/05/2018 at 7:12 am - Reply

    […] of these planning and regulatory activities have the potential impact on your Asset Management Plan levels of service, future demand management, lifecycle management and financial […]

  15. Asset Management Plan Update No. 14 – Valuation Updates – Waugh Infrastructure Management – New Zealand 24/05/2018 at 10:45 am - Reply

    […] valuations are part of the core information presented in an asset management plan, and as such any updates need to be completed in time to be inserted into the AMP, and results and […]

  16. LGA 2002 – Section 10, Reminder for Asset Management Plan Updating – Waugh Infrastructure Management – New Zealand 25/05/2018 at 1:31 pm - Reply

    […] of Activity Level, as an overview statement in the Level of Service section of the asset management […]

  17. Ethical Practice and Way of Thinking in Infrastructure Management – Waugh Infrastructure Management – New Zealand 04/06/2018 at 8:36 pm - Reply

    […] Ross shared about the ethical practice that consultants must observe in creating the infrastructure asset management plan. […]

  18. Asset Management Plan Update No. 15 – AMP Improvement Programme – Waugh Infrastructure Management – New Zealand 28/03/2019 at 6:08 am - Reply

    […] Feel free to contact Waugh Infrastructure Management Ltd. for some questions you may have about updating your Asset Management Plan. […]

  19. Asset Management Plan Update No. 6 – Natural Disasters, Resilience and Contingency Planning – Waugh Infrastructure Management – New Zealand 28/03/2019 at 6:40 am - Reply

    […] sure you allow adequate time to incorporate this information into your Asset Management Plan risk management sections and also be prepared for the financial implications of the analysis, which […]

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