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Local Government works with\nall agencies on front line response during natural disasters and with communities in rebuilding damaged\ninfrastructure. NSW Disaster Assistance Guidelines released in 2021 do not allow for funding for\ntreatments that can strengthen assets for future disasters, resulting in councils being forced to apply road\ntreatment techniques that are waste of community wealth, have short lives and fail repeatedly at each\nsuccessive disaster event.\n\n3. Evidence based validation of valuation inputs such as unit costs and useful lives is an important\npart of a comprehensive valuation process. This validation should be done by experts with engineering\nqualifications appropriate to make estimates on these key valuation inputs. These estimates now need to\nconsider the climate change resilience of current road assets in making estimates on useful lives and unit\ncosts. Valuation estimates need to transparently report on the reliability of inputs taking into account:\n• Data and information gathering.\n• Risk assessment and vulnerability analysis.\n• Regulatory compliance.\n• Monitoring and maintenance\n• Technology and 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