2018
DOI: 10.1016/j.bushor.2018.03.005
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Integrating lifecycle asset management in the public sector

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Cited by 34 publications
(22 citation statements)
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“…However, even in advanced economies, governments often chronically underinvest in O&M and recapitalization, accumulating deferred maintenance and leading to a premature decline of asset condition and an increase in future repair and replacement costs (Giglio et al , 2018; National Research Council, 1990). The scale of this problem can be enormous.…”
Section: Introductionmentioning
confidence: 99%
“…However, even in advanced economies, governments often chronically underinvest in O&M and recapitalization, accumulating deferred maintenance and leading to a premature decline of asset condition and an increase in future repair and replacement costs (Giglio et al , 2018; National Research Council, 1990). The scale of this problem can be enormous.…”
Section: Introductionmentioning
confidence: 99%
“…The assets of municipal governments vary and would include non-physical assets or financial assets as well as a basket of physical, tangible or 'immovable assets' in the form of property holdings, infrastructure and even of an array of assets of cultural, historic or environmental significance (Kaganova, 2010;Kaganova and Kopanyi, 2014). During the past decade the management of government assets has come into sharp focus both conceptually and in practice, most especially as a result of the 2008 global financial crisis which compelled local governments to re-examine and re-assess their performance in relation to a search for new revenue sources (Giglio et al, 2018;Kaganova and Telgarsky, 2018;Kaganova and Kaw, 2020). Arguably, the assets of municipal governments represent vitally important foundations for energising local economic development (Kaganova and Kopanyi, 2014) and broader-based place-based planning interventions (Rogerson, 2014;Duranton and Venables, 2019).…”
Section: Introductionmentioning
confidence: 99%
“…An analysis of the research in sustainable urban development revealed that current studies usually focus on research of simple problems existent at lower hierarchical levels: selection of rational design solutions, selection of construction elements, systems and materials, the selection of contractors, etc. Research on buildings managed by public sector institutions mainly focuses on infrastructure management (Alam, et al, 2019;Bryson, et al, 2018;Giglio, Friar, & Crittenden, 2018), facility management (Gross & Źróbek, 2015), energy efficiency in buildings and modernization (Pardo-Bosch & Aguado, 2016), and asset management throughout the life cycle (Ruparathna, Hewage, & Sadiq, 2017). However, very few of major European cities are able to provide data on the amount and value of their public buildings (Yilema & Gianoli, 2018).…”
Section: Introductionmentioning
confidence: 99%