Yotta’s Horizons Supports Warrington’s Bid for £40 million funding

July 02, 2015 -- Yotta’s Horizons visualised asset management platform has played a key part in Warrington Borough Council’s successful bid for £40 million of prudential borrowing. The funding will be used to maintain Warrington’s most valuable asset – a network of some 1,137 km of roads in North West England. 

By investing in preventative maintenance and reducing spend on reactive works such as pothole repairs, Warrington aims to cut the cost to the local economy of road traffic collisions, and therefore show significant savings. Yotta was commissioned to work with Warrington to produce an initial appraisal of the Future Highway Funding Strategies report. The report, created using Horizons software with support from Yotta’s consultants, provided crucial evidence to support the funding bid. It included impact analysis for different investment strategies and the identification of optimum planned maintenance budgets to prevent further deterioration of the network.

“This work helped to produce a clear, understandable and robust evidence based report and strategy to enable the asset management team to produce the prudential borrowing bid,” says Jim Turton, Warrington Borough Council’s Engineering and Flood Risk Manager. “With support from Yotta, we have been able to demonstrate the potential savings we can achieve as well as the positive impact this funding would have for residents, businesses and visitors to Warrington. Likewise we have been able to highlight the potential negative impact for citizens, businesses and the council that would arise without the additional funding.”

The Prudential Borrowing Strategy Analysis report used Warrington Council’s road survey data from surveys undertaken by Yotta. Surveys included SCANNER (Surface Condition Assessment of the National Network of Roads), CVI (Coarse Visual Inspection) and FNS (Footway Network Survey) inspections. Reactive Maintenance Records from Yotta’s Mayrise for Highways mobile system were also incorporated. Working alongside Warrington’s Engineering and Flood Risk Manager, Yotta consultants integrated this data within Horizons to produce sample outputs for appraisal and acceptance prior to running the full analysis.

Using Horizons, a number of scenarios were considered based on Warrington’s specific priorities and budget options to identify the best approach with the highest benefit to cost ratio. These included Steady State Analysis and spend of existing budget, as well as the additional funding over three and five year terms. Horizons uses sophisticated algorithms when undertaking scenario analysis in order to produce the most cost effective programme of works.

The report concluded that an investment of £40 million over a three to five year period was the optimum strategy for Warrington to maintain a ‘Steady State’ in the performance of its highway infrastructure asset. In addition, outputs from the scenario planning suggested that, post investment, Warrington maintained a Planned Maintenance Budget of £6.8 million per annum which would result in an estimated saving of approximately £300,000 - £500,000 per year in respect of pothole repairs. Over the following ten years, the overall saving could be in the region of £38.2 million in respect of the maintenance backlog.

Contacts:

Shivani Prashar, Email Contact, +44 (0)1926 319 613

www.yotta.co.uk

 



Read the complete story ...


Review Article Be the first to review this article
Harris


Featured Video
Jobs
GIS Analyst II for Air Worldwide at Boston, MA
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
Senior Structural Engineer for Design Everest at San Francisco, CA
Upcoming Events
RoboUniverse San Diego at San Diego CA - Dec 14 - 15, 2016
GMP Compliance for Quality Control Laboratories 2016 at Andheri Kurla Road, Sahar Village, Andheri-Kurla Road, Mumbai, Maharashtra 40005 Mumbai, Maharashtra India - Jan 23 - 24, 2017
Geospatial World Forum 2017 Hyderabad at Hyderabad International Convention Center P.O Bag 1101, Cyberabad Post Office Hyderabad Telangana India - Jan 23 - 25, 2017
Trimble
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy