Asset management in local government
A checklist for elected members:
- Is asset management a clear component of the council’s overall strategy determined by the council?
- Does executive leadership of corporate asset management clearly reside with the chief executive, supported by the corporate management team?
- Does the council have an asset management strategy and published plans which support the council’s corporate objectives?
- Is property seen as a corporate resource?
- Are elected members engaged with property asset management and is asset performance regularly reviewed by members?
- Are property management responsibilities clearly set out at a corporate and service level?
- Are there adequate resources at a corporate level, to review property assets and running costs?
- Does the property management service have adequate information systems to support property maintenance?
- Are the information systems used to support asset management linked to other relevant systems, for example geographical information systems?
- Has the council conducted an options appraisal for ensuring that the property maintenance backlog is being managed effectively?
- Does the asset management plan ensure that all planned work reflects the results of a systematic option appraisal?
- Is the work of the property management service planned to minimise long-term costs?
- Are senior managers aware of the property costs of the buildings services occupy?
- Is there a programme of property reviews?
- Is information on running costs and environmental impact available to the review team?
- Is there a corporate approach to options appraisal and the prioritisation of capital projects, in line with corporate objectives?
- Are decisions on capital projects based on a clear business case, including options appraisal and whole-life costing?
- Does property maintenance have the resources to meet its policy objectives and is adequate priority given to routine maintenance within the budget setting process?
- Is funding for maintenance linked to the condition of assets?
- Does the council work with its community planning partners to achieve economies of scale in asset management?
- Are unit costs benchmarked against other councils and the private sector?
- Does the asset management service maintain an effective performance management framework, to continuously review and improve its performance?
- Are there annual performance plans, agreed by council members, setting out targets for improvement?
- Does the council include this information in public performance reporting?

