Asset management and financial planning are co-ordinated so that sufficient resources are made available to ensure that properties continue to meet agreed standards, wherever possible. This includes both improving energy efficiency and tackling condensation, damp and mould.  An appropriate level of resources is budgeted for improving properties to meet current and expected future standards, taking account of the following factors:

• The results of the stock condition survey / fire risk assessments
• Assumptions on the replacement cost of components that are independently validated, agreed in line with delegated authorities and reviewed on a regular basis
• The results of benchmarking costs with associations with similar stock types / locations
• The resources that will be required to enable the owners / developers of complex buildings to comply with statutory and regulatory requirements, including the Fire Safety Act 2021 and the Building Safety Act 2022
• Where relevant, the costs of repairing / replacing properties with non-traditional forms of construction
• A reasonable level of contingency to take account of unforeseen events.

Effective quality assurance arrangements are in place.