ASSET MANAGEMENT
O Manage flood risk through drainage
asset knowledge The key for local
authorities to manage flood risk is to improve their knowledge of drainage assets, says Richard Leigh
n the 26th June 2008, Sir Michael Pitt published his
independent review into the floods of summer 2007. In order to meet the challenge of an increasing flood risk, the review and the passage of the Flood and Water Management Act through Parliament call for an integrated approach to the management and maintenance of the nation’s highways and utility assets.
The recommendations are based around identifying ‘at risk’ areas through forecasting and flood modelling, the reduction of such risk through the incorporation of planning and building regulation and increased maintenance of drainage systems and flood defences. Perhaps the most significant feature of the events of summer 2007 was the high proportion of surface water flooding compared with the flooding that occurred from rivers.
Farrer considers the key requirements for local
authorities that need to mitigate flood risk and drainage asset failure are to collate and map drainage assets, both over and underground, and to establish a register of their ownership and condition.
Successful asset management centres on an accurate and robust inventory. To achieve this all existing asset data needs to be qualified and supplemented with new, reliable and accurate, data. Historic data such as asset
Sep/Oct 10
asset identification, location and characteristic data contribute greatly to the sustainability of asset life. They provide an improved ability to meet regulatory requirements through structured reporting. Reliable and thorough asset information can also provide additional control over a capital program and an improvement in investment performance.
Through predictive replacement there is an opportunity to reduce maintenance programmes. As a result cost can be reduced and assets can provide improved service, performance and safety.
Farrer provides environmental asset solutions. Its specialist capabilities combine asset knowledge and engineering services to deliver maximum efficiency and benefit to clients.
location is held in many different formats, from paper based records and micro fiche through to individual survey books.
The collection and verification of this information is imperative for a model that supports business serviceability levels, routine operation and targeted investment. A central repository hosts the corporate data in a GIS format thereby allowing data to be easily accessed, updated, extracted and imported.
Analysing asset data, both historic and current, gauges the deterioration of each asset type and can help understand life expectancy. The provision of asset condition
and value information can be used to assess individual or grouped assets. Attribute data can then be linked to other business, financial and performance data systems to drive capital investment, improve maintenance planning, performance management and monitoring, and reporting can become more reliable and accurate to strengthen investment planning.
The benefits of standardised
FOR MORE INFORMATION Richard Leigh
National Business Manager, Farrer Consulting T: +44 (0) 1706 262258 T: +44 (0) 1706 626294 E:
richard.leigh@farrerconsulting.com W:
www.farrerconsulting.com
pse 49
Utilising specialist survey, data management and analysis, modelling and engineering design, Farrer helps organisations with the process of identifying and managing a wide variety of environmental assets.
Whether an individual concern or across an institution, efficient asset management is the key to maximising financial return.
The strategy of optimising asset performance is key to efficient investment planning. Farrer can locate and identify assets and then provide a full and detailed analysis of their current performance.
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