Sample Causes for HRS Risk 1 - Asset Management

Availability and cost of materials and skilled labour

Cost and complexity of achieving EPC "C" and net zero carbon

Cost and complexity of fire safety remediation works, including mid- and low-rise buildings

Increased compliance costs arising from changes to statutory / regulatory standards, including the Building Safety Act

Ineffective strategic approach to asset management

Sub-optimal distribution or concentration of the housing stock

Retention of poorly performing assets (including those for which there is low demand)

Inefficient procurement of the asset management programme

Inappropriate asset management standards

Inefficient procurement of responsive and cyclical maintenance programmes

Poor performance of maintenance / asset management contractors

Existing buildings are not suitable for disabled people

Lack of comprehensive and comparable data on the quality of the stock

Poor, deteriorating or unknown stock condition, including compliance with the Decent Homes Standard

The organisation's homes suffer from poor air quality

Insufficient resources to deliver the planned asset management programme

Reinforced Autoclaved Aerated Concrete (RAAC)

Structural failure

Decline in the quality of the portfolio

Failure to deliver the asset management strategy on time and on budget

Asset management works result in buildings that are unsafe or that fail to comply with statutory or regulatory requirements