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Asset Management
Here are some resources for asset management. Must-reads for sewer
and water agencies!
Be sure to check also the Infrastructure Funding page,
for news on developing federal funding for rehabilitation and replacement
of water resource assets. See also our CMOM
page
— these proposed regulations have significant asset management
implications for sewer agencies.
Table of contents:
General
Interest
Brown and Caldwell is VERY
active in asset management for water resource agencies.
Potable water, wastewater, stormwater -- if it's wet, we're
there!. Here are some materials that
may help you understand asset management as a key direction in the
industry that will change the way we do business.
An Asset Management Program
Evaluation is an effective and inexpensive way to get started.
It yields dividends in staff education, builds enthusiasm, and
helps identify your leaders for change and improvement.
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An Asset Management
workshop can help your agency get off on the right
foot. Find your AM leaders, forge a common vision, and
then move ahead.
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Here it is, Total Asset
Management the Brown and Caldwell way. Based on
the proven Australasian approach, you can integrate
asset management into your business process and make it stick!
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Kansas City forges ahead
with the industry's first true integrated asset management
program. Now underway with the help of
you-know-who. Watch out, world!
GASB 34
GASB 34 is a new financial reporting
standard that radically changes the way public agencies report the
costs of asset ownership. It is one of the driving forces
behind an increased emphasis on asset management.
All asterisked items in this section were prepared by
Ken Harlow.
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GASB
34, an Infrastructure Heresy — A refresh on GASB
34's infrastructure reporting requirements and a possible
"optimal" compliance path.
- GASB's
Own GASB 34 Site — This is a permanent link to GASB's site at
Rutgers, which is updated periodically with new GASB 34 information and
resources.
- Introduction
to GASB 34 — A PowerPoint slideshow presented at the CWEA
Annual Conference opening session in Palm Springs, April 18, 2001.
Also to the Center for Business Intelligence in Washington,
D.C., and to the Crowned Heads of Europe
(just kidding about that last.....) Good intro to GASB 34.
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GASB 34,
Spotlight on Assets — A nine-page detailed analysis of the asset reporting requirements in the
new financial reporting standards. Read this and you'll know all
you need to.
- APWA
Endorses
Modified Approach — The APWA Board adopts a resolution urging
adoption of GASB 34's "modified approach" where feasible,
along with the development of improved asset management systems.
- Complying
with GASB 34 — Part 2 of Brown and Caldwell's Asset Management
Series as published in Water Online and Public Works Online.*
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GASB
Glossy — A nice color 2-page exposition of GASB 34, and an
advertisement for Brown and Caldwell's services in this regard.
Condition
Assessment
Asset management -- sounds easy? The
heart of asset management is knowing the condition of your
assets. Here are a few items that may help.
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Sewer pipe
assessment a la Brown and Caldwell. A
comprehensive, automated approach used
by the Northeast Ohio Regional Sewer District.
Slick. Oval brick, anyone?
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More interested in plant equipment?
Here's the R2D2 Assessment
Model that makes short work of determining remaining
life and refurbishment needs for rotating and electrical
equipment.
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More pipe stuff! Here's how Phoenix
built a prioritized CIP for its pipe systems.
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Want to assess your pipe but not sure where to
start? The SCRAPS
Methodology sets up a program for you without popping
a manhole. Easy, fast, and smart!
Asset Management
Series (New!)
Ken Harlow is writing this new series of articles on asset management
that start up about where the Water
Online articles leave off.
Asset Management
Series
Ken Harlow wrote this series of articles on asset management for Water Online and Public
Works Online.
Funding Asset
Replacements
Replacing aging infrastructure is a
significant challenge for many agencies. The key is formulating
sound long-term funding policies -- before it's too late.
These items, by Ken Harlow, present an advanced and effective
approach that has already been used by some of Brown and
Caldwell's most sophisticated clients.
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Establishing
Replacement Reserves — An excellent approach to defining how
much you should set aside for infrastructure asset replacement.
Paper presented at WEFTEC 2000 by Brown and Caldwell's Ken Harlow and
co-author Andrew Czorny, Associate GM and CFO of Orange County Water
District
- Replacement
Funding: One Agency's Approach — PowerPoint slideshow based on the
above paper, presented at WEFTEC 2000 in Anaheim on October 18, 2000.
Little
Hoover Report
Other Resources
Here's a collection of resources from
various sources.
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Create
Visibility with Asset Management — Craig Goehring,
Brown and Caldwell's CEO, offers this essay on asset
management as a way to make infrastructure visible to the
public and promote sustainability.
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Asset
Management: A Life-cycle Approach — Ken Harlow's
paper presented at WEFTEC 2001 (updated slightly), introducing the Australia/ New
Zealand approach to infrastructure asset management.
Driver, benefits, difficulties—it's all here.
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Asset
Management: An Australian Perspective
— Hunter Water's Kevin Young offers some very good
information on AM as practiced at his own Hunter Water.
Well worth reviewing! Large file (1+ MB).
- Setting
Service Levels — Kevin Young again, this time on
tying your AM program to service levels negotiated with your
customers. A major AM issue and a must-read. Large file
(PowerPoint).
- Australian
Water Industry: Infrastructure, A Reform Agenda
—
EPA infrastructure guru Steve Allbee offers this slideshow
reprising his fact-finding trip to Australia and his
investigations of asset management practices in the water
industry there. Well worth reviewing! Big (2+MB)
PowerPoint file.
- Asset
Management: A Conceptual Overview — Ken Harlow offers this
PowerPoint slideshow on a comprehensive approach to infrastructure asset
management. This is Brown and Caldwell's
"strong" asset management approach, based on the
Australia/New Zealand work.
- Total
Management Plan — Chris Adam from Queensland send along
this letter explaining an extension of asset management to the
enterprise level, including a link to a PowerPoint
slideshow with more information. The down-underers continue to
lead the pack!
- Asset
Management White Paper — Brown and Caldwell's Ken
Harlow ties several currents in asset management together.
- White
Paper Slideshow — A PowerPoint presentation given at CASA in
Monterey on August 10, 2000, re the above White Paper.
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USDOT
Treatise on Asset Management — Pretty general but perhaps useful
nonetheless. PDF file.
Asset
Management Links Some
links to other pages with asset management information.
I will add more links as time allows. If you have good links, e-mail them to me!
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