Nebraska Department of Roads Transportation Asset Management Plan (TAMP)

With the passage of MAP-21, the Moving Ahead for Progress in the 21st Century Act (P.L.112-141) which was signed into law by President Obama on July 6, 2012, every state transportation agency has to develop a Transportation Asset Management Plan (TAMP) (FHWA 2015). The TAMP is a risk-based asset management plan for the National Highway System (NHS) with a goal to improve or preserve the condition of the assets and the performance of the system. (23 U.S.C. 119(e)(1), MAP-21 § 1106). MAP 21 defines asset management as a strategic and systematic process of operating, maintaining, and improving physical assets, with a focus on engineering and economic analysis based upon quality information, to identify a structured sequence of maintenance, preservation, repair, rehabilitation, and replacement actions that will achieve and sustain a desired state of good repair over the lifecycle of the assets at minimum practicable cost. (23 U.S.C. 101(a)(2), MAP-21 § 1103). The State asset management plan shall, as a minimum, be in a form that the Secretary determines to be appropriate and include (FHWA 2015): (A) A summary listing of the pavement and bridge assets on the National Highway System in the State, including a description of the condition of those assets; (B) Asset management objectives and measures; (C) Performance gap identification; (D) Lifecycle cost and risk management analysis; (E) A financial plan; and (F) Investment strategies.