This Asset Management Plan (AM Plan) covers the infrastructure assets that serve the Bega Valley Shire Council community’s water supply needs. These assets include dams, reservoirs, pumping stations, pipelines and treatment facilities throughout the community area that enable people to enjoy a reliable supply of water at a suitable quality and an affordable price.
Asset management planning is a comprehensive process to ensure delivery of services from infrastructure is provided in a financially sustainable manner.
An asset management plan details information about infrastructure assets including actions required to provide an agreed level of service in the most cost effective manner. The plan defines the services to be provided, how the services are provided and what funds are required to provide the services.
Most of the Council’s water supply network was constructed by developers and from government grants, often provided and accepted without consideration of ongoing operations, maintenance and replacement needs.
Many of these assets are approaching the later years of their life and require replacement, services from the assets are decreasing and maintenance costs are increasing.
Resolving any funding shortfall involves several steps:
It is likely that we will have to reduce service levels in some areas, unless new sources of revenue are found. For water supply, the service level reduction may include deferment of construction of water treatment plants.
We can develop options, costs and priorities for future water supply services, consult with the community to plan future services to match the community service needs with ability to pay for services and maximise community benefits against costs.