Guide for Financial Planning and Management in Support of Transportation Asset Management

The objective of this research was to produce a guidebook, written for executives, managers, and practitioners at DOTs and other agencies, on issues to consider and procedures that may be used in conducting financial analyses and developing financial plans that support efficient and effective management of the state’s transportation assets while meeting federal and other program requirements. The guidebook addresses fiscal and programmatic constraints associated with federal and state legislation; methodologies for valuing assets and forecasting and allocating financial resources; financial performance measures and targets; and practical concerns related to financial markets and accounting requirements. While DOT asset portfolios are weighted heavily toward highway facilities, the guidance is generally applicable to all public-sector transportation assets. The guidance was validated and refined to ensure it is practical, responsive to the needs and interests of agency officials and other potential users, and likely to be usable by DOTs and other agencies responsible for TAM. The final documents have been accepted; publication in the NCHRP Research Report series is anticipated. A spreadsheet tool that may assist guidance users will be available from the AASHTO TAM Portal.

Language

  • English

Project

  • Status: Completed
  • Funding: $350000
  • Contract Numbers:

    Project 19-12

  • Sponsor Organizations:

    Federal Highway Administration

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

    American Association of State Highway & Transportation Officials (AASHTO)

    444 North Capitol Street, NW, Suite 225
    Washington, DC  United States  20001

    National Cooperative Highway Research Program

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

    Lemer, Andrew

  • Performing Organizations:

    Spy Pond Partners, LLC

    Arlington, MA  United States 
  • Principal Investigators:

    Robert, William

  • Start Date: 20160511
  • Expected Completion Date: 20180510
  • Actual Completion Date: 20180510
  • Source Data: RiP Project 40221

Subject/Index Terms

Filing Info

  • Accession Number: 01572379
  • Record Type: Research project
  • Source Agency: Transportation Research Board
  • Contract Numbers: Project 19-12
  • Files: TRB, RiP
  • Created Date: Aug 7 2015 1:01AM