Capital asset management

Capital asset management (CAM) involves meeting a required level of service in the most cost-effective manner through the management of assets for present and future customers (2011 International Infrastructure Management Manual).

The Government expects tertiary education institutions (TEIs) to set their own sensible and aspirational targets for capital asset management, based on the scale of assets under their management and how critical those assets are to the delivery of key services.

These expectations are articulated in Cabinet Office Circular CO(15) 5 entitled Investment Management and Asset Performance in the State Services.

This supersedes Cabinet Office Circular CO(10)2 entitled Capital Asset Management in Departments and Crown Entities: Expectations.

This section of the website provides guidance and resources specifically tailored for tertiary education institutions to help with implementing better capital asset management systems and processes.

Any questions or comments can be sent to



  • Last changed: 22 July 2015
  • Last verified: 22 July 2015