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Asset Management Guide for Local Agencies

Status:  Complete
Report Date:  01/23/2020

Summary:

For many years state transportation agencies have been adopting transportation asset management (TAM) as a systematic process to track the condition of their physical infrastructure, including roads, bridges, facilities and vehicles. The federal Moving Ahead for Progress in the 21st Century Act (MAP-21) of 2012 required that state departments of transportation use TAM for highways and bridges that received federal funding. Recognizing that local agencies could benefit from adopting asset management approaches and methods, the Local Road Research Board sought a comprehensive resource that would address local agencies' questions and concerns about TAM. The guide produced for this project covers all aspects of consolidated asset management for smaller groups, from getting started with the approach to an overview of software programs, the benefits of life-cycle cost analysis and the need for risk management.

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