Asset Management Unit
The AMU has developed an Asset Management Strategy for the effective and efficient management of public sector property assets.
The AMU works with Departments and their arm’s length bodies to help make best use of their asset base and develop effective asset management plans to achieve the Executive’s targets for raising additional capital for re-investment.
Since 2011, The AMU has helped government raise £230m of additional capital through asset sales and other actions.
Working with departments, AMU has helped to introduce more rigour in the management and utilisation of assets. Some examples include:
Initial estimates suggest the gross resource savings delivered to date are running at circa £90.9m per year at the end of 2019/20.
Central Government Energy Management Strategy
The Energy Management Unit within SIB is responsible for managing the delivery the Central Government Energy Management Strategy & Action Plan to 2030. The Strategy aims to ensure delivery of a 30% reduction in net energy consumption by 2030 across central government assets as well as ensuring efficient processes are put in place that unlock value.
Invest to Save Proposals
Since the approval of the Asset Management Strategy in June 2013, £125m has been invested in property acquisitions which will generate annual resource savings of c£12.5m.
Asset Management Plans
All departments have completed annual Asset Management Plans in each of the last three years.
Reform of Property Management (RPM) Project
The team are supporting central government with the implementation of investment and accommodation plans to create a more efficient office estate based on best working practice.
Social Housing Reform Programme
The team have been supporting the DSD develop new proposals for delivering social housing in the region.
All lease activity is now co-ordinated across central government through RPM and ensures that all possible opportunities to generate savings are considered.
Wind Energy Development
A sector specialist is helping to deliver DAERA’s objective of commercialising the potential for energy on its’ lands through the development of wind energy projects on the public forest estate.