On November 5, the US House of Representatives approved a $1.2 trillion infrastructure bill. Ten days later, on November 15, President Joe Biden signed the bill into law. The Infrastructure Investment and Jobs Act (IIJA) is considered a "once-in-a-generation" spending measure (US lawmakers, …
Using Strategic Asset Management in Infrastructure Investment
In the US, investing in infrastructure is not the problem but overbuilding, delayed costs, and thinking too far ahead. The Governing article, "U.S. History Shows Spending on Infrastructure Doesn’t Always End Well" describes the infrastructure investments that took place in the United States in …
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Strategic Asset Management Can Help the US Infrastructure Budget Windfall
On August 10 the US just passed the US $1 Trillion infrastructure bill and will be deliberated in Congress (Infrastructure bill, 2021). House Speaker Nancy Pelosi and fellow House Democrats, who hold the majority of Congress are taking steps to get this infrastructure plan approved while …
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Water Scarce United Arab Emirates Needs an Integrated Water Approach
The article in the MENAFN talks about how the integrated water approach can address freshwater scarcity in the Middle East. Climate change and population growth are adding more stress to already water-scarce countries in the Middle East. To add to the problem, future projections of global …
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Strategic Asset Management Planning eBook Available Now!
Infrastructure Asset Management Learning for you. Download this FREE eBook now! The "Strategic Asset Management Planning eBook is available now and ready for your reading and downloading. It's a compilation of the blog posts we've created from Ross Waugh's lecture at the University of …
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Better Asset Management Planning, Leadership, Trade-Offs, and Risk
It’s a constant tension. So, there’s no right or easy answer to it. I mean you can get smarter about phasing your work, so you can go and say, hey look we could phase it, spread that out rather than trying to do it all there. We could get a bit more life for those pipes, we can phase it over a …
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Better Asset Management Planning and Political Decisions
A question was asked: Right so if you look at this one for Hamilton, where they’ve got, oh hey, here we’ve got $100 million there, and we’ve got 80 there. If there was a big lump in here that was $200 million for a stadium then you add them up, you’ve got - oh we don’t have that much money. …
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Conclusion and Further Strategic Asset Management Insights
So just, in conclusion, 10 to 30 year plus, big pictures, key issues, integrate through that continuum to tactical and project planning. You need to develop a strategic vision, that’s the hard bit because of politicians and the public can’t do it. That’s a bit hard, but it’s around looking those …
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Studying Niue’s Infrastructure Financial Projections
This is the country of Niue, a little island. It’s a self-governing, in free association with New Zealand. A lot of New Zealanders got there for holidays in tourism. They are able to come to New Zealand. When that was allowed, the population sort of went from about 10,000 to about 2,000. …
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More Better Asset Management Planning Examples
Central Otago So this is Central Otago, much smaller authority. This is water. Theuns has done some very interesting work with them around transportation. Cumulative price, but the really interesting thing with them is the average, the hundred-year average isn’t too bad. Just over a …
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Asset Management Strategy – Do Data Check and Analyze Well
So what I’ve got now, very quickly some examples. So this is the Dunedin City Infrastructure Strategy for water, water waste or stormwater through 2060. (See image above). Thinking about infrastructure waves, so thinking just to help you, the dark blue is water treatment renewals. That’s …
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New Zealand Infrastructure Construction Waves – A Closer Look
Ross talks about infrastructure waves in his previous post, "Studying Infrastructure Waves through Case Histories." Here, Ross provides a detailed explanation illustrating New Zealand's infrastructure construction waves. If we look at this New Zealand case study, so here’s 1965, we got this …
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