City of Stirling Buildings Asset Managment Plan 2018 - 2028

The estimated confidence level for and reliability of data used in this BAMP is shown in Table 7.5.1.

Confidence assessment

Data

Comment

Demand drivers

A Reliable

Population change is measured and updated, changes in building numbers are monitored, consumer preferences and demands are discussed with relevant Service Mangers

Growth projections

A Reliable

Based on historical records of growth

Operations expenditures

A Reliable

Sourced from the finance system

Maintenance expenditures

A Reliable

Sourced from the finance system

Projected renewal expenditures. – Asset values

A Reliable

Based on 2017 condition audit and 2018 comprehensive asset valuation

– Asset useful lives

A Reliable

Based on 2017 condition audit

– Condition modelling

A Reliable

Based on 2017 condition audit

– Portfolio renewals

A Reliable

Based on 2017 condition audit

– Defect repairs

A Reliable

Based on 2017 condition audit and annual defect inspection

Upgrade/New expenditures

C Uncertain Based on planned project data

Disposal expenditures

E Unknown To be determined

Table 7.5.1 Data confidence assessment for data used in BAMP

The confidence level for data used in the preparation of this BAMP is medium.

Buildings Asset Management Plan 2018 – 2028 | 63