Tender Advertisement #909987

To develop prescriptive guidance material that will facilitate improved integration of Asset Management and Financial Management disciplines. The project will deliver prescriptive guidance regarding minimum levels of componentisation for complex assets , applicable to State / Territory Road Agencies and Local Government Authorities.
The project deliverables will supplement the Austroads Asset Data Standard (currently under development) and will provide a benchmark to auditors for driving a more consistent approach to preparation of financial statements. In turn, this will enable more efficient collation of national data sets used to enable equitable reform initiatives, such as national funding reform.
Key Deliverables:
This Guidelines for Minimum Levels of Asset Componentisation project is expected to produce the following deliverables:
- Modified text for the Guide to Asset Management incorporating Guidelines for Minimum Levels of Asset Componentisation
- A research report including a conformance report against financial standards, impact statement for typical agencies and implementation guide. Note that for this report to be considered complete, it must undergo the normal Austroads review process and achieve technical sign-off by the Austroads Assets Task Force including the manner in which feedback and comments are addressed, it must meet all of Austroads formatting requirements and it must complete the Austroads board endorsement to publish process.
- Project Webinar.
The consultancy agreement is also included outlining Austroads terms and conditions.