Chapter 4: Life Cycle Management Plan The life cycle management plan is a methodology to deliver the best value for money for the assets’ owners whilst providing satisfactory service to the customers, anticipating and managing risks and optimising decision making throughout the assets life. Components of the Life Cycle Management Plan 4.1 Background Data – physical parameters, asset capacity/performance, asset condition, asset valuation, and historical data. 4.2 Infrastructure Risk Management. 4.3 Routine Operations & Maintenance Plan. 4.4 Renewal/Replacement Plan. 4.5 Creation/Acquisition/Augmentation Plan. 4.6 Disposal Plan. The lifecycle of an asset follows the progression shown below: Planning The process of anticipating a new asset driven by growth, a need to meet a higher standard of service or to replace an existing failing asset. The planning process involves engineering expertise and community engagement to size, locate, programme and consider - design options, whole life costs, non-asset alternatives and risks. Creation The purchase, construction or vesting of an asset to the Council. The management of the design and construction to ensure the required quality is delivered on time and at the agreed cost. Operation & Maintenance The day to day running of the infrastructure to ensure continual and cost effective service. Pro-active and reactive repair and servicing with respective to the ‘criticality’ of the assets of the overall service. Rehabilitation Proactive restoration of assets to extend the serviceability and ultimate life expectancy in a cost effective manner. Renewal The controlled replacement of assets that have reached the end of their useful lives Disposal The removal of redundant assets by decommissioning, physical removal, sale or re-utilisation for an entirely different purpose/activity (ie; using decommissioned sewer pipes as cable ducts.) 4.1 Background Data Marlborough District Council owns and operates seven water suppyscemes – Blenheim, Picton, Havelock, Renwick, Riverlands, Awatere and Wairau Valley. There are resource consents to abstract a total of 69,212 m of water to supply around 82% of the population (see3 Ch3 Table2.) The majority of water is abstracted from shallow aquifers below the main river valleys of the region. The exceptions are the Awatere system that abstracts water from the Page 52