Asset Management Plan - Newcastle City Council

Executive SummaryTable 0.3 – Highway Asset Service OptionsAsset GroupStatutory MinimumExisting(2005/6) BudgetRequestedAdditional FundingOptimumSigns,Barriers &StreetFurnitureStreetLightingApprox. £130k paReplace potentiallyhazardous anddamaged signs andfurniture only but thiswould be offset by arise in reactivemaintenance in futureyearsContained within PFIApprox. £130k paAt present onlyreactive maintenanceis undertakenEstimated at anadditional £1.57m pafor 5 years, plus anadditional £0.87m pathereafterThis will bring theassets up to anacceptable standardand remove thebacklog of works. Thisis based on a 20%sample of surveyedassets using bothinventory andcondition informationEstimated at £1.7mpa for 5 years,thereafter £1.0m pafor lifecyclereplacementsMore flexible “needs”based maintenanceschedule. Signs &street furnitureinspected, cleanedand painted on aregular basis in orderto maintain the assetcondition in line withthe Code of PracticeTrafficSignalsHighwayGreenSpacesStreet TreesApprox. £115k paAn increase inmaintenance backlogand a steep decline inasset value. Reactivecosts are likely to besignificantly higherwithout regularmaintenance workbeing undertaken.Not available at this timeApprox. £ 65kNominal budgetreflects removal ofdead, dying andpotentially hazardoustrees only. Currentlyrunning atapproximately 120 ayear.Approx. £429k paDoes not approximateto a steady state, butaim to deliver BestPractice as detailed inthe national COP forHighway MaintenanceManagementApprox. £ 65kActual funding is asper the statutorysafety obligations.Nominal budgetreflects removal ofdead, dying andpotentially hazardoustrees only.Not available at thistimeEstimated at anadditional £0.935m pafor 5 years plus anadditional £25k pa.A survey of all streettrees within thehighway is underwayand the informationwill be used todetermine the actualbudgets required fortheir on goingmanagement.Not available at thistimeEstimated at £1.0mpa for 5 years,thereafter £0.9k pa forlifecycle replacementin order to replace allstreet trees that areremoved each year asper the Council’spolicy.17