NSW Local Government · Infrastructure Asset Management

Specialist advisory that holds up under audit

Councils face mounting pressure to justify capital programs, close infrastructure backlogs, and meet IP&R obligations with constrained budgets. Tim McCarthy provides advice that is direct, evidence-based, and built on two decades of practice across NSW.

At a glance
20+
Years in NSW local government infrastructure
30+
NSW councils served — metro to remote
$5B+
Infrastructure portfolios advised across NSW
4
Asset classes — roads, buildings, water, parks
IIMM  ·  ISO 55000  ·  IP&R Framework  ·  IPWEA
Frameworks & Standards
Local Government Act 1993 IP&R Framework IIMM Condition Grades AASB 116 / AASB 13 Civil Liability Act 2002 OLG Guidelines IPWEA Practice Notes ISO 55000

The problems NSW councils are navigating right now

These are not hypothetical. They are the specific issues councils bring to Tim — and the areas where generalist advice falls short.

01

Infrastructure Backlog Growing Faster Than Budget

Renewal expenditure consistently below depreciation. The capital renewal ratio signals underinvestment — but translating that into a credible, fundable program requires specialist analysis.

02

Asset Management Plans Not Fit for Purpose

AMPs that are out of date, data-light, or disconnected from the LTFP create compliance exposure and weaken grant applications. OLG expects IP&R alignment that is defensible under scrutiny.

03

ARIC Independent Member with Sector Expertise

OLG mandates independent membership with financial and risk credentials. Infrastructure is the dominant risk class for most councils — it needs specialist representation on the committee.

04

Asset Valuations Overdue or Under Challenge

Fair value assessments under AASB 116 and AASB 13 require current unit rates, remaining useful life assessments, and methodologically sound documentation. Audit findings in this area are increasing.

05

Senior Infrastructure Vacancy — Operational Gap

A Director of Infrastructure or Manager of Assets vacancy — even for a few months — creates governance and delivery gaps that downstream affect budget programs, contractor management, and council reporting.

06

Grant Applications Without the Evidence Base

Roads to Recovery, LRCI, and disaster recovery programs require credible condition data and prioritised renewal schedules. Without them, applications are weak and funding is left on the table.

What TT McCarthy Consulting delivers

Every engagement is scoped to the council's actual situation. Deliverables are structured for the Director's desk, the GM's briefing, and the auditor's file — not filed away.

01 — Asset Management

Infrastructure Asset Management Advisory

Development and review of Asset Management Strategies and Plans across all asset classes. Includes condition data review, service level frameworks, infrastructure backlog quantification, and full IP&R alignment.

AMP Development AMS Review IP&R Alignment Backlog Analysis Renewal Modelling
02 — Valuation

Asset Valuation — Fair Value & SS7

Infrastructure asset valuations for council financial reporting under AASB 116 and AASB 13. Unit rate development, remaining useful life assessment, and written-down value calculation across roads, buildings, drainage, and open space.

Fair Value SS7 Methodology Revaluations AASB 116 AASB 13
03 — Governance

ARIC Independent Member

Independent member appointments to council Audit, Risk and Improvement Committees. Provides infrastructure, asset management, and risk expertise to satisfy OLG mandatory independence requirements under the Local Government Act 1993.

OLG Compliant Infrastructure Risk Independent Review Governance
04 — Secondment

Secondment & Interim Management

Acting Director of Infrastructure, Manager of Assets, or senior technical adviser roles to cover vacancies, restructures, or project delivery surges. Operational continuity without the cost and delay of a permanent placement.

Acting Director Interim Manager Technical Lead Short-Term
05 — Financial

Financial Sustainability & LTFP Alignment

Renewal requirement analysis against Long-Term Financial Plans. Identifies funding gaps, models renewal scenarios, and produces council-ready briefing notes for budget submissions and OLG financial reporting.

LTFP Modelling Renewal Funding OLG Ratios Budget Alignment
06 — Risk

Condition Assessment & Risk Review

Review of condition data quality, inspection programs, and risk frameworks across road, building, drainage, and open space assets. Delivers prioritised intervention schedules linked to Civil Liability Act obligations and service level commitments.

IIMM Grades 5×5 Risk Matrix Inspection Review Liability Exposure
TM
Tim McCarthy
Principal Consultant
📍 Sydney, New South Wales
🏛️ NSW Local Government Specialist
📧 tim@ttmccarthy.com
IIMM ISO 55000 IP&R IPWEA AASB 116 OLG ARIC Civil Liability

Two decades at the sharp end of NSW infrastructure

Tim McCarthy has spent over 20 years working with NSW local councils on infrastructure asset management — from small rural shires to large regional councils managing hundreds of millions in assets. He has held senior positions within leading Australasian advisory firms, where he directed and delivered asset management engagements across more than 30 councils.

His background spans both the operational and strategic sides of infrastructure. He has developed asset management frameworks applied across dozens of councils, produced IP&R-compliant reporting for councils with combined portfolios in excess of $5 billion in replacement value, and advised General Managers and Directors on the financial sustainability implications of infrastructure renewal decisions.

Where generalist consultants produce templated outputs, Tim delivers advice calibrated to each council's legislative context, financial position, and political environment — structured for the Director's briefing, the GM's report, and the auditor's file.

🛣️ Transport — Roads, Bridges, Paths
🏢 Buildings & Facilities
💧 Water & Drainage
🌳 Parks & Open Space

ARIC Independent Member Appointments

OLG mandates that NSW councils maintain an Audit, Risk and Improvement Committee with independent membership. Infrastructure is the dominant risk class for most councils — and the one most often underrepresented at committee level.

What Tim brings to your ARIC

  • Deep knowledge of NSW council infrastructure obligations under the Local Government Act 1993 and Civil Liability Act 2002
  • Ability to interrogate asset management reporting, condition data quality, and renewal program adequacy — not just accept what's presented
  • Understanding of how infrastructure risk flows through to LTFP assumptions and OLG financial health benchmarks
  • Experience across 30+ councils — knows what good practice looks like and where the gaps typically sit
  • No conflict of interest with the council's ongoing management consulting, audit, or engineering relationships
  • Available for metropolitan and regional NSW councils; experienced in both small and large governance environments
Infrastructure is the dominant risk for most councils

Typically 60–80% of total asset value. Condition deterioration, liability exposure, and renewal underfunding are all audit-relevant risks that a generalist independent member may not probe effectively.

IP&R compliance is a governance obligation

AMPs, AMS, and LTFP alignment are mandatory under the Local Government (General) Regulation 2021. The ARIC should be able to assess whether these documents are fit for purpose — not just whether they exist.

OLG performance monitoring is tightening

Councils with weak asset management governance are increasingly subject to OLG scrutiny, TCorp reviews, and Fit for the Future improvement requirements. Committee-level oversight is the first line of defence.

NSW Audit findings in infrastructure are escalating

Asset data quality, valuation accuracy, and renewal planning are recurring audit themes. A specialist independent member asks the right questions before the auditor does — and that matters.

Proven across NSW — metropolitan to remote

20+ years and 30+ council engagements across all scales — from large metropolitan councils to small rural shires managing lean budgets and legacy infrastructure.

30+
Councils served across NSW
20+
Years of sector experience
$5B+
Infrastructure portfolios advised
4
Asset classes covered
Service Metropolitan Regional Rural / Remote Typical Output
Asset Management Plan (AMP) IP&R-compliant AMP; condition review; renewal schedule
Asset Valuation — Fair Value Valuation report; unit rates; RUL assessment; WDV schedules
Infrastructure Backlog Analysis Backlog quantification; renewal gap model; LTFP input data
ARIC Independent Member Quarterly meetings; risk reporting review; specialist oversight
Secondment / Interim Management Acting Director/Manager; budget and contractor management
Financial Sustainability Review Renewal funding gap; LTFP alignment; GM/Council briefing

Let's talk about your council's infrastructure challenges

Whether you need an AMP reviewed, an ARIC independent member, an interim infrastructure lead, or specialist advice on a specific asset management challenge — start with a conversation.

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📍
Location

Sydney, New South Wales

🗺️
Service Area

All NSW councils — metropolitan, regional & rural

📞
Phone
0407 257 256
⏱️
Response Time

Initial response within one business day

Send an Enquiry