The British Standards Institute’s Publicly Available Specification 55 (BSI PAS 55-1:2008), commonly referred to as PAS 55, has been produced by the IAM with the aim of creating a recognised benchmark for best practice in physical asset and infrastructure management. As one of the first IAM Endorsed Assessors for PAS 55, Black & Veatch is able to support clients who are seeking to enhance the management of their asset base by undertaking gap analysis of existing asset management practices.

With PAS 55 certification, water companies can demonstrate to customers, regulators and other stakeholders that they have effective asset management policies functioning throughout the business. Following a rigorous gap analysis, Black & Veatch can assist clients who are seeking such certification by helping develop strategies to bring their approach to asset management into line with the specification.

Becoming a PAS 55 Endorsed Assessor signals an extension of the asset management best practice support Black & Veatch can offer and builds upon the company’s previous achievements in this field. Earlier successes include helping Dwr Cymru Welsh Water and South East Water achieve external certification with PAS 55’s best-practice requirements.