Research Program Design---Administration of Highway and Transportation Agencies. 2006 Bottom Line Report State and National Investment Analysis: Highways

In 2002, AASHTO prepared a Highway and Transit Bottom Line Report based on independent analyses of national highway and public transportation investment needs through research and application of the state of the art investment analysis models utilized by FHWA and FTA. The intent of this task is to build upon and replicate that successful 2002 effort with updated and enhanced analyses of investment needs. Investment analysis at the national level has been dramatically improved with the advent of the HERS (Highway Economic Requirements System) and National Bridge Inventory Analysis System (NBIAS) models. These have introduced well-structured benefit-cost analysis methods into the national assessment process, which has been going on for over 30 years as part of the congressionally-mandated Condition and Performance Reports. More recently FHWA, the sponsor of the HERS model, has extended the capability represented by HERS to State decision-making in a version of the model called HERS ST. The States must continue to expand and enhance their capability to perform investment analysis at the individual state level and collectively at the national level. The States require a continued, strong, independent, national investment analysis capability that is integrated with state processes.

• Record URL:
  http://www.trb.org/TRBNet/ProjectDisplay.asp?ProjectID=559
• Supplemental Notes:
  • This project contains 6 tasks that have various performing organizations.

Language

• English

Project

• Status: Completed
• Funding: $250000.00
• Contract Numbers:

  Project 20-24(54)

• Sponsor Organizations:

  Federal Highway Administration

  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590

  American Association of State Highway and Transportation Officials (AASHTO)

  444 North Capitol Street, NW
  Washington, DC  United States  20001

  National Cooperative Highway Research Program

  Transportation Research Board
  500 Fifth Street, NW
  Washington, DC  United States  20001
• Project Managers:

  Jencks, Crawford

• Principal Investigators:

  Pisarski, Alan

• Start Date: 20060404
• Expected Completion Date: 0
• Actual Completion Date: 20060831
• Source Data: RiP Project 12313

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Investments; Public transit; Research projects; State of the art; Transportation planning; Transportation policy
• Identifier Terms: American Association of State Highway and Transportation Officials; U.S. Federal Highway Administration; U.S. Federal Transit Administration
• Subject Areas: Administration and Management; Finance; Highways; Planning and Forecasting; Research;

Filing Info

• Accession Number: 01462870
• Record Type: Research project
• Source Agency: National Cooperative Highway Research Program
• Contract Numbers: Project 20-24(54)
• Files: RIP, USDOT
• Created Date: Jan 3 2013 2:12PM