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.
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.
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.