Retirement Village Asset Management Plans

MDFM has been implementing, managing and maintaining Asset Registers and Asset Management Plans in the aged care sector for many years. From onsite asset tagging and data capture to a compliant asset management plan, we can assist you with every step of the process.

In this 7-minute video, Jess Johnson from MDFM answers questions about the new requirement for retirement village operators to prepare and maintain an Asset Management Plan for each of their villages.

As you may have recently discovered, the Retirement Villages Amendment (Asset Management Plans) Regulation 2021 came into effect in February 2021. For Retirement Village Operators, this means a significant effort to firstly assemble an asset management plan, and then continuously monitor, update and amend it – all while allowing visibility to their residents.

But with our proven process, your organisation can prepare an asset management plan that will satisfy the new guidelines, so you can get back to running your village.

MDFM can assist you with all phases of your Asset Management Plan including:

• Asset register template
• Recording and tagging assets
• Asset condition assessment
• 10-year asset management plan
• Maintenance schedule for major items of capital