Asset management

Good asset management is essential if funding and assets are to be used efficiently and effectively to support the aims of the Children's Plan, including:

raising educational standards
increasing community use of school facilities
supporting wider local regeneration initiatives
reducing emissions and other environmental impacts from buildings and their use
improving value for money.

Asset management guidance was first published by the DCSF around ten years ago. The content and format of this guidance has been revised in November 2008 to:

complement public sector guidance published by the Royal Institution of Chartered Surveyors, (RICS), and authority guidance shortly to be published by the Department for Communities and Local Government, (CLG)
reflect the fact that the DCSF is not planning in future to ask authorities for comprehensive asset management data sets as have been requested in previous years
take account of developments across the public sector in asset management knowledge and practice.