6.4.2 Asset register
An asset register is a listing of all the fixed assets of an organisation and information pertaining to the assets. For a water utility the assets would be a list of all the equipment and buildings. For a piece of equipment the following information would be recorded: a description of the item, with technical drawings, its acquisition date, its service life, location and cost; the manufacturer’s details; the serial number of the item; details of the warranty and insurance; operating instructions; and maintenance requirements. Details of failures that occur when the asset is in use, and how they were caused, are also useful as they help in drawing up supplementary guidance on operation and maintenance, based on experience with the equipment.