Issue - meetings

Background:

This report sought approval for the adoption of a new Highway Asset Management Policy and supporting Strategy. This would provide the Department for Transport (DfT) with the necessary evidence of the Council’s commitment to asset management, in order for the Council to be able to receive Incentive Funding.

The report explained that the Highway Asset Management Policy and Strategy had been initially adopted in 2015 and that the refreshed documents would embed Medway’s commitment to using good asset management practice to manage and maintain its assets based on the fundamental principles of lifecycle planning.

The report had previously been considered by the Regeneration, Culture and Environment Overview and Scrutiny Committee on 17 January 2023 and its comments were set out at section 5 to the report.

Reasons:

Agreement of the Highway Asset Management Strategy and Policy helps to maintain a Band 3 Self-Assessment Score which will continue to maximise the 100% level of capital funding we currently secure through the Department for Transport Incentive Fund.