A Guide to Computation and Use of System Level Valuation of Transportation Assets

The objective of this research was to develop a guidebook that state transportation agencies and others can use for calculation and communication of the value of transportation assets, and for selecting valuation methods to be used in transportation asset management. This guidebook, applicable to transit as well as highway modes, should (1) present a standardized terminology for discussing asset value, (2) describe currently accepted valuation methods, (3) describe the merits and shortcomings of these methods to produce measures of asset value useful for communicating among stakeholders and making resource allocation decisions, and (4) present advice on determining which valuation methods will be most useful in communication and decision-making for a particular agency.   

Language

  • English

Project

  • Status: Completed
  • Funding: $600000
  • Contract Numbers:

    Project 23-06

  • Sponsor Organizations:

    National Cooperative Highway Research Program

    Transportation Research Board
    500 Fifth Street, NW
    Washington, DC  United States  20001

    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
  • Project Managers:

    Lemer, Andrew

  • Performing Organizations:

    Spy Pond Partners, LLC

    Arlington, MA  United States 
  • Principal Investigators:

    Robert, William

  • Start Date: 20200709
  • Expected Completion Date: 20211119
  • Actual Completion Date: 20211119

Subject/Index Terms

Filing Info

  • Accession Number: 01707532
  • Record Type: Research project
  • Source Agency: Transportation Research Board
  • Contract Numbers: Project 23-06
  • Files: TRB, RIP
  • Created Date: Jun 5 2019 12:25PM