ASSET MANAGEMENT PLAN KAEO FLOOD RISK REDUCTION SCHEME 2015 Completed by Jonathan Santos Asset Management Plan – Kaeo Flood Risk Reduction Scheme Contents KAEO FLOOD RISK REDUCTION SCHEME ............................................................... 1 Contents .................................................................................................................... 1 1 EXECUTIVE SUMMARY .................................................................................... 5 2 INTRODUCTION ................................................................................................ 5 2.1 Background ................................................................................................................ 5 2.1.1 Purpose of the Plan ........................................................................................... 5 2.1.2 Relationship with Other Planning Documents .................................................. 6 2.1.3 Infrastructure Assets Included in the Plan ........................................................ 6 2.1.4 Key Stakeholder ................................................................................................. 6 2.2 Goals and Objectives of Asset Ownership ................................................................. 7 2.2.1 Justification for Ownership................................................................................ 7 2.2.2 Organisation Vision, Mission, Goals & Objectives ............................................. 7 2.3 Sophistication/Limitation of the AMP ....................................................................... 8 3 THE KAEO FLOOD RISK REDUCTION SCHEME (Stage1) .............................. 8 3.1 Overview of the Flood Scheme ................................................................................. 8 3.2 Description of Flood Scheme Management Area ..................................................... 8 3.2.1 Physical Description ........................................................................................... 8 3.2.2 Climate ............................................................................................................... 9 3.2.3 Land Use ............................................................................................................ 9 3.2.4 Effects of Flooding ............................................................................................. 9 4 LEVEL OF SERVICE ....................................................................................... 10 4.1 Customer Research and Expectations ..................................................................... 10 4.2 Strategic and Corporate Goals ................................................................................ 11 4.3 Legislative Requirements ........................................................................................ 11 4.4 Current Level of Service ........................................................................................... 11 4.5 Desired Level of Service ........................................................................................... 11 5 DEMAND MANAGEMENT ............................................................................... 11 5.1 Historic Demand ...................................................................................................... 11 5.2 Current Demand ...................................................................................................... 12 5.3 Future Demand ........................................................................................................ 12 5.4 Demand Management Plan ..................................................................................... 12 5.4.1 Non-Asset Solutions ........................................................................................ 12 5.4.2 New Work Programmes and Cost ................................................................... 12 Northland Regional Council Page 1 of 50 Asset Management Plan – Kaeo Flood Risk Reduction Scheme 6 LIFECYCLE MANAGEMENT PLAN ................................................................. 12 6.1 Channels (Non-financial Assets) .............................................................................. 13 6.1.1 Physical Parameters ........................................................................................ 13 6.1.2 Asset Capacity/Performance ........................................................................... 13 6.1.3 Asset Condition ................................................................................................ 13 6.2 Stopbank/Floodwall................................................................................................. 13 6.2.1 Physical Parameters ........................................................................................ 13 6.2.2 Asset Capacity/Performance ........................................................................... 14 6.2.3 Asset Condition ................................................................................................ 14 6.2.4 Asset Valuations .............................................................................................. 14 6.3 Floodgates/Drainage ............................................................................................... 15 6.3.1 Physical Parameters ........................................................................................ 15 6.3.2 Asset Capacity/Performance ........................................................................... 15 6.3.3 Asset Condition ................................................................................................ 15 6.3.4 Asset Valuations .............................................................................................. 15 6.4 Spillway .................................................................................................................... 15 6.4.1 Physical Parameters ........................................................................................ 15 6.4.2 Asset Capacity/Performance ........................................................................... 15 6.4.3 Asset Condition ................................................................................................ 15 6.4.4 Asset Valuation ................................................................................................ 16 6.5 Summary of Future Costs ........................................................................................ 16 6.5.1 Creation/Acquisition/Augmentation Plan ....................................................... 16 6.5.2 Disposal Plan .................................................................................................... 16 6.6 Routine Maintenance Plan ...................................................................................... 16 6.6.1 Operations Maintenance ................................................................................. 16 6.6.2 Depreciation Plan ............................................................................................ 16 7 RISK MANAGEMENT ...................................................................................... 17 7.1 Risk Framework ....................................................................................................... 17 7.2 Other Risk Management Mechanism ...................................................................... 17 7.2.1 Insurance Policy ............................................................................................... 17 8 FINANCIAL SUMMARY ................................................................................... 17 8.1 Funding Strategy ...................................................................................................... 17 8.2 Valuation Forecasts ................................................................................................. 17 8.3 Key Assumptions in Financial Forecasts .................................................................. 18 Northland Regional Council Page 2 of 50 Asset Management Plan – Kaeo Flood Risk Reduction Scheme 9 ASSET MANAGEMENT PRACTICE ................................................................ 18 9.1 Accounting/Accounting Financial System ............................................................... 18 9.1.1 Asset Maintenance, Renewal and Capital Works Expenditure ....................... 18 9.1.2 Routine Maintenance Expenditure ................................................................. 18 9.1.3 Capital and Renewal Expenditure ................................................................... 18 9.2 Asset Management System ..................................................................................... 19 9.2.1 Asset Management Responsibilities and Roles ............................................... 19 9.2.2 Data Management ........................................................................................... 19 9.2.3 Data Management System .............................................................................. 19 10 CAPITAL PROJECTS – STAGE 2 WORKS PROPOSAL ............................. 19 10.1 Determination of Capital Projects ........................................................................... 19 10.2 Proposed Capital projects ....................................................................................... 20 11 PLAN IMPROVEMENT AND MONITORING ................................................ 20 11.1 Monitoring and Review Procedures .......................................................................