Regulatory compliance
State legislation increasingly mandates formal Asset Management Plans for retirement villages, local government and other regulated sectors — with real penalties for non-compliance.
AssetReady delivers defensible asset management plans to Australian organisations that don't have the time, resource or expertise to do it themselves — and we maintain them so they stay current.
Organisations that own significant physical assets — buildings, infrastructure, plant and equipment — face growing pressure to demonstrate structured, transparent and forward-looking asset management.
State legislation increasingly mandates formal Asset Management Plans for retirement villages, local government and other regulated sectors — with real penalties for non-compliance.
Boards, auditors and funders require evidence that capital is being managed responsibly and that long-term obligations are understood and planned for.
Internal teams are already stretched and rarely have the specialist capability to produce structured, compliant AMPs alongside their day-to-day responsibilities.
Most know they need to act — but don't know where to start. AssetReady exists to solve exactly this.
Physical, site-based condition assessment and asset inventory to component level.
Asset registers created or validated, with Remaining Effective Life for every major capital item.
10-year CAPEX and OPEX lifecycle cost models, with risk-based investment prioritisation.
A finished, compliant Asset Management Plan — produced to the applicable regulatory or ISO 55001 standard.
Engage at the level appropriate to where you stand today, and expand as your needs evolve. Every engagement is scoped and priced upfront — no open-ended fee arrangements.
A focused diagnostic that assesses where you currently stand against the relevant compliance standard or best-practice framework.
The complete, end-to-end service. All fieldwork, analysis and documentation — delivering a finished plan ready for board, regulator or resident review.
An ongoing annual service that keeps the plan current, compliant and useful as a live management tool — not a document that sits in a drawer.
Indicative fee ranges. Every engagement is scoped and fixed before you commit — no hourly billing surprises.
Aligned to ISO 55001:2014 Clause 8 (Operation) — ensuring quality, repeatability and confidence regardless of sector or portfolio size.
Confirm asset types, applicable standard, deadline and stakeholders. Establish timeline and document requirements.
Review maintenance records, prior plans, financial data and registers to identify what exists and where the gaps are.
Physical site inspection. Asset inventory, condition scoring and Remaining Effective Life for all major capital items.
Build or validate the register. Model lifecycle costs and 10-year CAPEX/OPEX forecasts, AI-assisted and quality-checked.
Apply condition and criticality indices to prioritise investment (ISO 31000). Identify high-risk assets and funding gaps.
Produce the written plan to the applicable standard. Submit for review and incorporate feedback.
Deliver the final AMP with executive summary and a board or management briefing. Transition to retainer if applicable.
The output satisfies auditors, regulators and residents — credible in any governance context.
Our sweet spot: mid-size organisations with portfolios valued between $10M and $500M and no dedicated internal asset management function. Select a sector to see the compliance driver.
No template, no software login. We conduct the work entirely — from site visit to finished document. You review the output, not the process.
Every plan is built to the specific regulatory standard that applies to you — documents that satisfy auditors, regulators and residents. Not generic plans.
All engagements scoped and priced upfront. No hourly billing surprises. You know exactly what you're committing to before signing.
Experience across mining, infrastructure, building compliance and transport. We understand the operational reality of the sectors we serve — not just the theory.
All work aligned to ISO 55000 / 55001 / 55002, ensuring outputs are credible and defensible in any regulatory or governance context.
AI-assisted data processing and reporting allows faster turnaround and more consistent quality — passed to you through competitive pricing.
State by state, formal Asset Management Plans are moving from best practice to legal requirement. The clock is running.
Retirement Villages Amendment Act 2025 — capital maintenance plan mandatory for all 513 villages. Commenced.
Retirement Villages (Miscellaneous) Amendment Act 2024 — commenced. AMP obligations now live.
Retirement Villages Act & Reg 2025 — 10-year AMP mandatory, refreshed every 3 years, independent QS sign-off required.
WA Amendment Act 2024 regulations due; Local Government IP&R frameworks; Aged Care Act 2024 governance standards.
AssetReady is founded by an experienced project engineer with a background spanning mining operations, infrastructure delivery, building compliance and asset management consulting across WA and NSW.
The brand presents as a senior, corporate consultancy — credible, composed and authoritative. Clients engage genuine specialists who understand their world.
Book a free, no-obligation consultation — or start with a fixed-price Readiness Audit. We'll tell you what's required, what it costs, and how quickly we can deliver.