Asset management

Assets help deliver our activities. A large portion of our total expenditure relates to renewing, improving, and growing our asset base.

What is asset management?

Some of the services we provide require investment in significant physical assets; large utility networks and the plant, machinery and property that support them.

Asset management is about making sure that we manage these physical assets in such a way that we deliver the right services today and in the future in a cost effective way.

To do this we need to know a lot of information about our assets: what they are, where they are, what condition they are in, and how much they are worth.  We look at what level of service is expected of our assets and at what cost, how they are performing, what extra capacity they have, and what future capacity is required.  All this information is collated and included in our Asset Management Plans.

Porirua City's Asset Management Plans

Porirua City's Asset Management Plans (AMPs) inform the Infrastructure Strategy which in turn informs the Long-term Plan. The key information output from the AMP’s  are the tactical programmes of works and a forecast of the resulting expenditure. 

As the city grows our circumstances and priorities can change. To make sure that our AMP’s are still relevant and providing the best information to support our Long-term Plan decision making we review them as part of the Long-term Plan review every three years.

Council has five asset management plans for seven activities:

  1. Water, Wastewater and Stormwater, prepared as a single document by Wellington Water called the Regional Services Plan
  2. Transport
  3. Solid Waste
  4. Parks and Reserves
  5. Property

The full AMP’s can be obtained by contacting us on (04) 237 5089 or email [email protected].