Supporting your team so you can get back to caring for your Residents
Asset Management Plans for Aged Care and Retirement Villages
Testimonials
Testimonials
MDFM have been instrumental in managing the property services for Harbison. MDFM set up our Computerised Maintenance Management System and continue to manage the back end of the system for us ongoing. This gives us great confidence that our maintenance records are always up to date and audit ready. They manage our preventative maintenance contracts and have assisted us with countless small and large works to maintain our buildings. Their knowledge of contracts and construction are a fantastic addition to our team. They understand the challenges of a 24/7 operational aged care facility and their friendly staff are always ready to help us with any challenge we may face.
Danny Turner, Residential Services Manager, HarbisonAn Asset Management Plan links asset condition and lifecycle information to future maintenance and capital funding requirements, supporting transparent and defensible budgeting. It enables boards and executives to plan proactively rather than react to failures. In retirement living, AMPs are often required by legislation and must be maintained and made available to existing and potential residents.
Yes. MDFM can assist with AMP compliance and optimisation in all states. MDFM prepares retirement village AMPs in line with legislative requirements, including asset registers, maintenance schedules and capital maintenance reporting.
Under the Retirement Villages Regulation 2025, operators must maintain a comprehensive AMP that includes an asset register, annual capital maintenance report and a 10 year maintenance schedule. MDFM supports compliance by preparing, updating and managing plans in line with current legislative requirements.
AMPs commonly include an asset register, maintenance schedules, replacement cost forecasts, lifecycle modelling and capital forecasts supported by documented methodology. Independent quantity surveyor review can be provided where required.
An AMP ensures the built environment continues to support resident needs over time by planning for upgrades to accessibility, safety and care critical systems, reducing risk while supporting resident independence.
The updated Aged Care Act emphasizes provider responsibility for a safe, high-quality living environment. MDFM Asset Management Plans provide documented evidence that providers are proactively managing building risk and care critical infrastructure, supporting board level due diligence obligations under the updated Aged Care Act.
MDFM uses industry-wide data to benchmark clients’ asset performance against similar facilities, helping organisations identify anomalies, inefficient spending or under investment.
