Recommendation
41. Achieve better use of infrastructure assets by improving asset management practices across the public sector, including:
- formalising and funding the Department of Finance’s role as functional lead for asset management to support and assist state agencies and government trading enterprises in developing asset management maturity
- progressively expanding the Building Asset Management Framework pilot initiative to operationalise the Strategic Asset Management Framework and apply to all government asset types
- requiring all state agencies and government trading enterprises to develop fit for purpose asset management practices, in line with the Department of Finance guidance
- undertaking a review within 5 years to assess progress on maintenance outcomes and determine whether additional measures are required to strengthen the ability of state agencies and government trading enterprises to fund ongoing asset maintenance.
WA Government response
The WA Government responded to Foundation for a stronger tomorrow in February 2023. Recommendation 41 is fully supported. For further information please refer to the response document.
Vision – strategic opportunity
Approaching the technology frontier
Strategy objectives
Enhance cross-government coordination and planning
Get the most from our infrastructure and improve maintenance