Strategic Asset Review

  • Step 1: Strategic Plans

    At CivicStar, we can assist you in the preparation or updating of your Strategic Asset Management Plan (SAMP), aligned with your Corporate Policies and Financial Strategies, which will provide focus for your teams in their day-to-day work. In addition, we can help with stakeholder engagement and adoption of these via internal governance procedures.

  • Step 2: Comprehensive Asset Review

    In line with the SAMP, we can conduct a detailed, hands-on evaluation of all Local Authority assets (corporate and commercial), identifying underutilised properties, analysing service needs, maintenance requirements, and potential opportunities for optimisation via greater utilisation, repurposing, or sweating assets.

  • Step 3: Strategic Optimisation Planning

    Based on asset review findings, we develop tailored property-level strategies using scorecards for repurposing, consolidating, or identifying surplus assets, ensuring alignment with financial objectives and wider corporate priorities.

  • Step 4: Implementation & Advisory

    We provide expert guidance through execution, assisting with stakeholder engagement, funding options, and long-term sustainability to maximise asset value and efficiency via a combination of capital receipts, income generation, and revenue savings. CivicStar has in-depth expertise to assist your Local Authority in developing bespoke KPIs to ensure financial sustainability and performance against industry benchmarks.