Fast Track to Compliance in Local Government

In each state in Australia, there are mandatory asset management requirements and guidance for agencies to follow, such as the Asset Management Framework (AMF) in NSW and the Victorian Asset Management Accountability Framework (AMAF) and the State Infrastructure Strategy in Queensland. Regardless of location, there are common outputs to becoming compliant.


ENABLING Transparency for Compliance

Across all states, the ability to develop Asset Management Plans (AMP) is key. The quality of the AMP is dependent on the data that it contains - out of date or incomplete data will not generate workable plans that are compliant. Data that is used in the production of AMPs should aim towards best practice for structure and quality with the Asset Register. Planning and forecasting is now easy - whether creating 10-Year Capital Plans, Maintenance Plans or looking at the Risk Profile at an asset class or portfolio level.

Moving Beyond Works Management Systems

Local Government providers may have existing data sets in other systems such as an Enterprise Asset Management System (EAM) or a Computerised Maintenance Management System (CMMS). Understanding a complete view of asset condition can be very difficult as well as creating a clear view of future maintenance liability. 

AssetFuture’s technology solutions interfaces with all Asset Management technology stacks, creating transparency across the entire portfolio level, asset classes or asset types. Wherever your data is, we can bring it to one central place enabling evidence-based decision making across the entire portfolio.

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For many Local Governments, becoming compliant has been a lengthy and complicated process - it doesn’t need to be. AssetFuture can enable you to create an AMP within just 8 weeks!

Our customers in Local Government have the capability to make better decisions across the entire portfolio.

Transparency for Line-Of-Sight

  • Complete visibility over the entire asset portfolio and Asset Register, enabling a line-of-sight from planning through to operational execution

  • Service community needs with full visibility

Efficiency for Investment Decisions

  • Utilisation of data to optimise CAPEX and OPEX decision-making and prioritise spending

  • Funding requirements and investment business case creation

  • Cost, Risk and Performance visibility for future maintenance liability

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