It's been a busy summer with some excellent news to start with. A corporate review of future year capital spend has set our indicative budgets for asset management for the next three years. It is significantly higher than we have been used to and closer to the annual depreciation figures modelled for footways and carriageways. This, we hope, is in recognition of the key messages we have been sharing on the current condition of the network and what lifecycle planning and treatment modelling are telling us. Ongoing communication with our members and senior decision makers prior to budget setting and approval times will hopefully secure this much needed cash injection. It is proof that embracing the asset management approach has worked and we're now planning to spend that on a prioritised programme based on sound asset management evidence.
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