Corporate Asset Management Strategy 2024/28

Clearly defined strategies are vital to effective Asset Management and the performance of Inverclyde Council. The 2024/28 Corporate Asset Management Strategy outlines the Council’s approach to Asset Management and how this supports and contributes to the delivery of the strategic priorities in the Inverclyde Alliance Partnership Plan 2023/33 and the Inverclyde Council Plan 2023/28, as well as the delivery of the shared wellbeing outcomes to ensure that all our residents are Safe, Healthy, Achieving, Nurtured, Active, Respected and Responsible and Included. Assets are the second largest cost to the public sector after payroll costs and the approach to asset management can influence both the quality of public services and the money that is available to the frontline and other services.

The effective use of Council assets is a key priority for Inverclyde and the Council aims to deliver on the following actions in its implementation of the Corporate Asset Management Strategy:

  • Corporate Asset Management Strategy reviewed through the Corporate Management Team;
  • the continuing development of a corporate approach to the use, management and procurement of assets;
  • ensuring a strong organisational framework for future asset management plans with clear links to the Council’s Committee Delivery and Improvement Plan process;
  • use of relevant data to monitor and report in performance in support of continuous improvement and to challenge the existing use of, need for, and performance of assets:
  • identification of efficiency gains through the strategic management of assets;
  • ensuring that relevant information is communicated effectively to all stakeholders;
  • promoting new ways of working and incentives for the more efficient use of assets and energy including aligning with local and National Net Zero targets.