This document includes the following sections: Asset Valuation, Communications and Reporting, Current Methods and Tools, Financial Plan, Introduction, Inventory and Condition, Investment Strategies, Lifecycle Management, Objectives and Measures, Performance Assessment, Process Improvements, Regulatory and Legislative Requirements, Risk Management.
This document meets the following additional criteria: • Asset valuation included
• Defines linkages to other planning & programming documents
• Future cost/performance projections are based on management system analysis (e.g. HERS, dTIMS)
• Includes a review of agency roles and responsibilities for TAM
• Includes communication plan
• Includes cost projections for meeting performance or LOS targets
• Includes cross-asset resource allocation method
• Includes estimates of future maintenance costs
• Includes estimates of future rehabilitation, replacement, reconstruction, and/or renewal costs
• Includes formal risk assessment results such as a risk register
• Includes future projected asset condition
• Includes strategies for multiple funding scenarios
• Includes substantive list of process, data, and/or systems improvement actions
• Investment strategies consistent with and linked to capital program
• Investment strategies summarize planned capital and operating expenditures
• Key revenue projection assumptions identified
• Performance/LOS targets are linked to agency goals/objectives
• Presents a corridor view of asset management
• References customer surveys/outreach for establishing LOS statements
• Risk assessment results incorporated into investment strategies.
The modal scope of this document is: Highway Only.
The asset scope of this document is: Highway Assets,
Pavement and bridge only.
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