The purpose of this policy is to set guidelines for implementing consistent asset management processes throughout Clarence Valley Council, and that Council's asset management system provides a framework, within which:
- Infrastructure assets are reliable and delivered at an agreed level of service that the community has the capacity, and is prepared, to pay for.
- Assets remain at a satisfactory standard and condition by implementing appropriate asset management strategies and financial treatment of those assets.
- Appropriate risk management and mitigation strategies are applied to all high-risk critical assets.
- Resources and responsibility for overall management of assets are appropriately apportioned.
- Transparent and responsible asset management processes are aligned with best practice and legislative requirements.
- There is understanding of lifecycle costs associated with asset management, enabling management of a sustainable asset base.
Submissions close 4pm Wednesday 18 June 2025
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