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Asset management planning: guidance and examples
Use these examples, from schools and an LA, to help you create your asset management plan. We also point to an example of an asset management policy and suggest next steps.
You should have an asset management plan
Maintained schools must complete the Schools Financial Value Standard (SFVS) assessment form once a year, which consists of 25 questions.
Question 17 of the from asks:
Does the school maintain its premises and other assets to an adequate standard to avoid future urgent need for replacement?
The guidance explains that all schools should have an asset management plan, which includes a strategy for developing, adapting and eventually replacing buildings, which is part of the school’s overall planning for delivery of education.
Find this on page 50 of the guidance produced by the DfE.
Tufnell Park Primary School has an asset management plan on their website. They state when the plan was approved, the date of the next review, the owner (SBM) and the governor link (resources committee). Stroud Green Primary School and Nursery also have an asset management plan on their website. The
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