CIPFA Property Consultancy place-based asset management Why follow a place-based approach to assets? A whole-area place-based approach to managing public assets across neighbourhoods will deliver savings in running cost, deliver capital receipts, cut carbon emissions and provide better public access to public services. Other spin- offs are that the close proximity of many public services under one roof will create synergies for joint working and economies from sharing resources. Place-based asset management ultimately leads to fewer but higher quality public buildings that are better used. There is a persuasive body of evidence from published studies and case studies that this approach provides better value for money to the public purse than managing assets within organisation, service and administrative silos. How to adopt a place-based approach to assets? It requires all local public service providers, including the third sector, to work together with a shared ambition for their collective property assets with a collective understanding of the needs of local communities and how users want to access public services in the future see overleaf for the range of support that CIPFA Property provides on place-based asset management ‘Faced with the need to save money, public bodies are rushing to sell off their buildings. But there is another way – looking at public sector assets as a whole and working out how to make better use of them.’ Bob Baber One Public Estate Advice and assistance for public service providers on place-based asset management Place-based asset management means local public service providers collaborating on managing their land and buildings as a collective resource across and area; in effect treating it as one public estate.
Transcript
CIPFA Property Consultancy
place-based asset management
Why follow a place-based approach to assets?
A whole-area place-based approach to managing public assets across neighbourhoods will deliver savings in running cost, deliver capital receipts, cut carbon emissions and provide better public access to public services. Other spin-offs are that the close proximity of many public services under one roof will create synergies for joint working and economies from sharing resources.
Place-based asset management ultimately leads to fewer but higher quality public buildings that are better used. There is a persuasive body of evidence from published studies and case studies that this approach provides better value for money to the public purse than managing assets within organisation, service and administrative silos.
How to adopt a place-based approach to assets?
It requires all local public service providers, including the third sector, to work together with a shared ambition for their collective property assets with a collective understanding of the needs of local communities and how users want to access public services in the future see overleaf for the range of support that CIPFA Property provides on place-based asset management
‘Faced with the need to save money, public bodies are rushing to sell off their buildings. But there is another way – looking at public sector assets as a whole and working out how to make better use of them.’
Bob Baber
One Public Estate
Advice and assistance for public service providers on place-based asset managementPlace-based asset management means local public service providers collaborating on managing their land and buildings as a collective resource across and area; in effect treating it as one public estate.
Advice and assistance on place-based asset management
CIPFA Property is offering specialist consultancy support from its team of experts to local public service providers wanting to develop a place-based approach to managing the public sector estate in their areas. This support comprises:
� ‘Getting started’ workshops for groups of local public service providers in an area to explore the opportunities for savings and better outcomes from rationalisation of pooled assets and to help forge the partnerships and create a plan of action.
� Preparing whole-area asset management strategies and implementation plans that balance the needs and priorities of all the partners embarking on a one public estate model.
� Asset partnership diagnostic review to examine the state of readiness of local public service providers to govern and embark on place-based asset management and make recommendations on the building blocks that lead to success.
� External scrutiny and challenge to give all the local public providers in a place-based asset management partnership reassurance that the governance arrangements provide equality and fairness for all.
� Asset benchmarking services to show the savings that could be achieved if the organisations/places with the largest estates per capita were reduced to the size of the leanest.
� Advisory support on mapping customer demand and assets to make it easier for local public service providers to share information on their assets, spot opportunities for sharing assets and stimulate a programme of rationalisation.
� Data audits to ensure that local asset management partners have the right information and systems to undertake analysis to support robust decisions and manage performance.
� Property stock surveys to provide a gap analysis on the fitness for purpose of the estate to meet current and future service needs to provide a basis for prioritising investment, disinvestment and development opportunities.
� Preparing Outline Business Cases to demonstrate the cost benefits of undertaking a review of property holdings across an area or to start a property rationalisation programme.
� Undertaking property reviews covering all property used to administer or deliver local public services in a geographic area.
� Option appraisals and Option Appraisal Methodology and their application across multiple public bodies to ensure consistency, fairness and transparency in decision-making.
� Project management reviews of multiple partner implementation programmes to provide confidence that the project delivery arrangements are robust.
� Valuation, tenancy and capital accounting methods, options and arrangements for ensuring fairness across partner organisations using shared or pooled assets and for joint asset rationalisation programmes, acquisitions and disposals.
� Procurement option appraisals, evaluation of arrangements and routes to give the optimal solution that balances cost, quality and efficiency.
� A knowledge exchange for place-based asset management from a team of experts and connecting practitioners to best practice using CIPFA’s extensive communication channels and connections in the sector.
To find out more about how CIPFA Property can assist you with place-based asset management please contact [email protected] 01244 394600
