4 Asset management
The regional rail network is a significant state asset. To be managed effectively, the network needs a sound asset management framework and strategy, based on a robust understanding of the condition of the existing assets and their capacity, capability and usage. The strategy should take into account available resources, funding constraints and competing service and asset priorities.
Under a services agreement with PTV, V/Line is required to manage and maintain regional rail infrastructure, including the rolling stock used for passenger services.