Cost to Bring to Satisfactory Report

The Cost to Bring to Satisfactory (BTS) report calculates intervention metrics for components based on their condition a pre-defined factor set. This report works by putting components into groups based on their assigned report category options (for the chosen report category), and applying a pre-defined multiplication factor to their aggregated factor bases. A factor base is defined as either the current replacement cost or the current carrying value of the components - this is defined in the factor set.

Example

For example, taking all of the components assigned to the ‘Roads’ option under the ‘Responsible Manager’ report category, and generating the following results:

  • Sum of replacement value for components of condition 1, multiplied by a factor of 0%.
  • Sum of replacement value for components of condition 2, multiplied by a factor of 0%.
  • Sum of replacement value for components of condition 3, multiplied by a factor of 75%.
  • Sum of replacement value for components of condition 4, multiplied by a factor of 50%.
  • Sum of replacement value for components of condition 5, multiplied by a factor of 100%.

Such a report allows asset managers to see a weighted perfective of the condition profile of their asset portfolio. This report also satisfies part of the requirement for NSW Local Government Organisations to generate the Special Schedule 7 report.

The report contains the following configuration options:

Support for Backdated Report Date

This report type has support for specifying the date in which the report data should be generated from. Essentially, this allows for users to export their asset portfolio as it was at a specific time in the past. Where available, this feature is not compatible with custom filter refinement.

See also, Effective Dates ↗, and Custom Filters ↗.

Factor Set Details

The BTS Factor Set is a special lookup matrix that is configured for this style of report. By default, the system contains a standard Factor Set definition that can be modified by users. A valid Factor Set essentially requires:

  • A report category to be specified, and
  • For each option within the chosen report category, a percentage based multiplier for a components ‘Replacement Value’ or ‘Carrying Value’ as specified, for each possible condition score between 1-5.