The Common Framework and Justifying Investment in 'Management and General' Asset Types
Almost all UK water companies applied the Capital Maintenance Planning Common Framework to operational assets at the 2009 Price Review, but application to so-called 'Management & General' (M&G) assets has been less comprehensive.
From a review of current practice in M&G investment and following consultation with Ofwat, a set of nine methodologies has been identified together with a number of general principles. These are described in the report, accompanied by guidance and worked examples. The methodologies and guidance form a framework which companies should take into consideration when planning capital maintenance expenditure for M&G assets and preparing business plans at the next Price Review.
The asset groups considered were: IT; telemetry and SCADA; accommodation; fleet; Health & Safety and security, and; recreation.
|UKWIR Reference :- 11/RG/05/31||Published Date :- 16/06/2011|
|Retail Price (£) :- 34||ISBN :- 1 84057 598 0|
Supporting Material and Reports
| The Common Framework and Justifying Investment in 'Management and General' Asset Types CD|