Asset Management Plan - Newcastle City Council

Traffic Signals Life Cycle Plan• Provisional Programme of Works: Should sufficient funding becomeavailable the works programme will take into account the type and age ofequipment in order to reduce the need for maintenance knowledge ofparticular types of obsolete equipment and to reduce the amount ofsalvaged equipment required to be stored.Reactive (Adhoc) MaintenanceAn overall budget based onhistoric precedent, currentlyabout £ 40,000 p.a., is madeavailable to the Traffic SignalTeam to cover all the adhocmaintenance works identifiedfrom inspections or customerreports.Routine MaintenanceThe budget for undertaking annual inspections currently stands at £ 75,000 andagain is based on historical precedent, although this cost is monitored annuallyso that changes can be made if necessary.A budget of £ 47,000 is also made available for the bulk lamp changeprogramme.Table 18.7.0 Details the budgets available for traffic signal maintenance over thelast 5 years.Table 18.7.0 Traffic Signal Annual Expenditure 2002 – 20072002-03 2003-04 2004-05 2005-06 2006-07PlannedMaintenance 44,343 49,059 53,354 43,386 44,650AdhocMaintenance 296,665 325,516 351,825 377,362 384,530Capital 381,317 513,419 522,278 207,939 0Total 722,325 887,994 927,457 628,687 429,18018.7.1 Service OptionsA developed asset management approach is intended to facilitate better decisionmaking by providing enhanced information to support the decision makingprocess. In practical terms this means the identification and assessment ofService Options.The following are the service option categories selected for inclusion in theHAMP♦ Statutory (Minimum): Meeting statutory or legislative requirements only186