Education providers in both private and public sectors, for all age groups from Kindergarten through to tertiary education recognise that learning outcomes are linked to optimal educational facilities. Quality facilities also drives selection in the private and tertiary education sectors.
In the public sector, applications for funding must be made to Treasury, supplying detailed lifecycle costing, often moving towards a preventative maintenance strategy approach to Asset Management. Analysis provided must be robust and withstand audit.
In the private sector, revenue from students may drive Asset Management strategy, and so transparency on maintenance liability and forecasting funding requirements is critical.