The IPWEA National Asset Management Strategy Committee (NAMS.AU) provides national leadership and advocacy in the sustainable management of community infrastructure.
NAMS.AU provides resources to assist asset management practitioners.
Contact: Peter Way
Chairman, IPWEA NAMS.AU Committee
Institute of Public Works Engineering Australia
e: pway@ipwea.org.au
Thank you to our Corporate Supporters for providing valuable support of NAMS.AU
Policy on National Approach to Asset Management Planning
IPWEA NAMS.AU supports the application of a nationally consistent framework for infrastructure asset management planning in the interests of greater efficiency and optimum use of resources in the asset management task.
To achieve that goal, NAMS.AU encourages all entities with responsibility for managing service delivery from infrastructure assets to adopt the structure and framework for asset management planning in accordance with the International Infrastructure Management Manual (refer Appendix A, IIMM, 2006). The IIMM is widely recognised internationally as the world reference on asset management.
> Download a copy of the Policy and Background
Policy on Legislation for Sustainable Management of Infrastructure
IPWEA NAMS.AU has a Policy which encourages all State and Territory Governments to introduce legislation requiring Local Governments, Regional and State Owned Utility Authorities, and State/Territory Departments with responsibility for infrastructure assets, to develop and maintain long term financial plans based on sound infrastructure asset management plans. These long term financial plans should cover a forward planning horizon of at least ten years and the asset management plans on which they are based should desirably cover a twenty year period.
Such legislation should not be prescriptive as to how these plans are to be prepared but should require entities to demonstrate to their communities and stakeholders, that they are financially sustainable in the long term, through appropriate annual reporting. It is important that long term asset and financial plans are not produced for mere compliance with legislation, but to form an essential part of management of an organisation.
> Download a copy of the Policy and Background