Transport Asset Management Plan

Transport Asset Management Plan (TAMP) (pdf, 454Kb)

Transport Asset Management is a strategic approach that identifies the optimal allocation of resources for the management, operation, preservation and enhancement of the highway infrastructure to meet the needs of current and future customers (i.e. taxpayers and other users of the transport network).

Asset management is not a new concept in Warwickshire. The County Council has been applying the principles of asset management for some time. In the 1970’s, Warwickshire was one of the first local authorities to introduce condition assessments for all of its carriageways. The assessment systems have changed over the years, but the results have helped ensure that money for structural maintenance has been targeted at the most appropriate roads. Similar processes have been adopted for other key assets, particularly in planning for their life-cycle replacement.

Successful asset management relies on good data. The County Council has relatively good data on most of its transport assets. For some assets data is comprehensive and current. For others, work is being undertaken to bring it up to a similar standard. Further improvements to the County Council’s datasets on its transport assets are identified in this plan.

The County Council recognises that ensuring the condition and safety of the transport network is a front line service which both Warwickshire residents and visitors to the County expect. A good quality Transport Asset Management Plan (TAMP) will assist the Authority in understanding the value and liability of the existing asset base, and allow decisions to be made in an informed way that will not compromise its value for future generations. Through the adoption of smarter working practices, the County Council aims to bring about cost savings in terms of both ongoing investment in the existing transport network and its medium/long term renewal.

The TAMP aims to set out not only the practices and systems that are currently being applied to the management of the transport asset, but also the aspired levels of service and their associated funding requirements.

A first iteration of the TAMP was produced in April 2008. The Plan was subsequently reviewed as part of the preparation of the County Council’s third Local Transport Plan.

Since 2006, all local authorities have been required to produce a valuation of their highway assets. Under these requirements, local highway authorities are expected to determine not only the value of their assets, but also monitor year on year whether they are depreciating or not following investment. There is therefore now an intimate relationship between asset management and asset valuation.

Having a TAMP is now seen as a pre-requisite of delivering a good highway management service. The County Council will therefore continue to review its asset management practices and publish further iterations of the Plan in due course.