As the issue of business and public accountability comes increasingly under the spotlight, PAS 55 helps demonstrate best

value in the safe management of physical infrastructure.

PAS 55 Assessment Ensuring Effective Asset Management

What is PAS 55?

About AFAQ-EAQA
We have been providing certification services for over thirty years. We are part of the AFNOR Group, one of the world's largest accredited certification bodies. We provide expert certification services and training in all sectors. We have offices worldwide and have issued over 25,000 certificates in more than 90 countries.

PAS (Publicly Available Specification) 55 aims to make sure that an organisations assets are effectively managed over time. By providing guidance and structure through an independently audited and externally recognised process, the specification allows companies to ensure good stewardship of their physical infrastructure. By clarifying and defining what asset management is (and isnt), the specification allows organisations to develop good practices for the sustainable, long-term administration of their assets, thereby demonstrating that assets deliver the required level of performance of a service or product at an optimal cost. The specification provides a useful framework for all asset-intensive organisations, regardless of size, such as energy or transport companies. Indeed, OFGEM has recommended that all regulated companies seek certification to PAS 55. The specification defines what needs to be done, but not how. This flexibility allows companies to develop effective processes that reflect the challenges that they face.

PAS 55 is based on the PDCA (Plan, Do, Check Act) cycle, meaning that measurable continuous improvement is an integral part of the approach. This makes PAS 55 the ideal complement to certified management systems that may already be in place, such as ISO 9001, ISO 14001 and/or OHSAS 18001. AFAQ-EAQA can offer combined PAS 55 audits and certification together with existing management systems.

Why choose AFAQ-EAQA?

Our Our Our Our Our industry knowledge and experience auditors partnership with our clients independence vision

Gaining a competitive edge

PAS 55 can benefit companies not only from the regulatory point of view; it can also help them to gain competitive advantage by ensuring that they are managing their assets as effectively as possible - and potentially better than their competitors. PAS 55: Provides assurance to external stakeholders that physical infrastructure assets are managed in an optimal way, thanks to an independent third party audit Can help to improve customer satisfaction Leads to improved environmental and health and safety benefits Optimises return on investment in assets Demonstrates good practice in value for money Demonstrates compliance with regulation Improves proactive risk management and governance Enhances corporate image Demonstrates commitment to sustainability issues AFAQ-EAQA has extensive experience of working in high risk sectors, and is ideally placed to help you with PAS 55 assessments. Thanks to our in-depth utility sector knowhow, our customers are confident that we understand their needs. Our assessors all have management experience within the sectors that they audit. AFAQ-EAQA provides a comprehensive range of services to meet all the certification and assessment needs of our clients.

Ask us about our other services

Quality: ISO 9001 Certification Environment: ISO 14001 Certification & EMAS Health & Safety: OHSAS 18001 Integrated Management Systems Aerospace EN/AS/JISQ 9100 Quality & Environmental Management Auditor Training Distance learning for the power sector

What does it cover?

The specification is limited to the management of physical infrastructure, although there are naturally other elements which will have an impact on optimal management at various points of the assets lifecycle.

Scope of PAS 55
Physical infrastructure (including software code) Impacting optimal management Human Information Financial Intangible (reputation)

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AFAQ-EAQA 185 PARK STREET BANKSIDE LONDON SE1 9DY UK TEL: +44 (0)20 7922 1620 FAX: +44 (0)20 7922 1627 email: marketing@eaqa.co.uk www.afaq.afnor.co.uk