British Waterways categorises the condition of its principal and most significant non-principal assets using a five-point condition grading system of A (very good) through to E (bad) in order to establish priorities for maintenance work. The latest information available as at 31 March 20091 is as follows:
1 Information provided by British Waterways.
A: Very good B: Good C: Fair D: Poor E: Bad Assets assessed Principal assets 3.6 22.3 54.1 17.6 2.4 10,516 Significant non-principal assets Towpath 19.1 26.7 35.2 15.3 3.7 2,718 km Bank protection 10.8 33.2 38.4 12.7 4.9 5,220 km (both sides of canal) Lock gates 13.8 21.9 40.9 15.8 7.6 3,362
British Waterways take a risk-based approach in using the funding available to maintain the network. They concentrate on those assets in the poorest condition and that have the highest consequence of failure e.g. in terms of safety or the impact on the wider network.
The level of grant funding for the waterways will be a decision for the next Spending Review and will need to balance long-term sustainability of the waterways with the overall fiscal position at the time. Government grant are, however, not the sole factor in determining what is spent on the waterways—efficiency savings, third party funding and commercial income are also very important.
Spend on maintenance of the network is a priority for British Waterways who take a risk-based approach in using the funding available to maintain the network. They concentrate on those assets in the poorest condition and that have the highest consequence of failure e.g. in terms of safety or the impact on the wider network.