Stephen Gaj Leader, Asset Management Team, FHWA Martin Kidner State Planning Engineer Wyoming DOT
What is asset management? Asset management is 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)
What requirements does MAP 21 have pertaining to asset management? Each State is required to develop a risk based asset management plan for the National Highway System (NHS) 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) USDOT is required to issue a regulation not later than 18 months after date of enactment, after consultation with the States and other stakeholders, which will establish the process to develop the State asset management plan for the NHS. ( 23 U.S.C. 119(e)(8), MAP 21 1106)
Asset Management Plans National Highway Performance Program Developed using process approved by USDOT Recertified every 4 years MAP 21: Asset Management
Highway Asset Management Plan Plan Contents Pavement and bridge inventory and conditions on the NHS, Objectives and measures, Performance gap identification, Lifecycle cost and risk management analysis, A financial plan, and Investment strategies (preservation)
Signs Other Assets Pavement markings Rumble strips Line striping Guardrails and traffic barriers Traffic signs ITS equipment Lighting Curbing Truck weight and inspection stations Pedestrian/bicycle related assets Etc.
Asset Management Basics: Five Core Questions 1. What is the current state of my assets? 2. What is my required level of service/ performance? 3. Which assets are critical to sustained performance? 4. What are my best Operations and Maintenance and Capital Improvement investment strategies? 5. What is my best long term funding strategy?
AASHTO FHWA Peer Exchange Beyond Pavement and Bridges: Transportation Asset Management with a Focus on Safety Cheyenne, Wyoming August 2, 2011 MAP 21: Asset Management
Does your organization have an inventory of pavement markings, signs, guardrail, and/or other traffic and safetyrelated assets? Check Yes if your agency maintains any inventory data for at least one safety related asset. 76% (58) 24% (18)
For those who answered NO to the previous question Which of the following best describes your agency's views on safety asset data:
MAP 21: Performance Management
MAP 21: Performance Management
MAP 21: Performance Management
38% (10) 62% (16) MAP 21: Performance Management
Other assets Slopes Earth retaining structures High mast lighting Culverts/Storm Sewers MAP 21: Performance Management
Risk: Geotechnical Asset Impact on Performance Bridge and Pavement measures can t do it all
2009 Rockslide on I 40 in NC 53 mile section closed for 6 months ADT 24,000 $13.7M to $19.2M direct costs $174.9M indirect costs Source: NCDOT 18
Issues and Recommendations: DOTs should establish an asset management approach as a way of doing business Collect and use data on traffic and safety assets to improve safety. Tying crash type to asset (WY) Improve asset inventories and data quality. Data accuracy (location) and trained personnel were identified as key issues Sharing data throughout the organization, important when programming projects and safety analysis (analysis includes what upgrades are likely to yield the most benefit) (OR) MAP 21: Asset Management
Issues and Recommendations: Prioritize what asset data to collect data collection is expensive (ND applies a purpose, scope, and use approach for asset data) Link between asset management and the State s SHSP overall was weak. Look for links to safety (such as pavement rutting) Risk assessment (WA) Public input such as call database Other assets MAP 21: Performance Management
Asset Management This is how we do business: Preserve our assets and minimize their whole life costs. Operate in a financially sustainable manner. Provide a framework to improve performance on a long term basis Break down silos integration Convey investment needs and support DOT budget requests through providing a transparent, credible, and objective process.
Resources Are Available NHI Transportation Asset Management Training Course FHWA Asset Management Today website:http://www.fhwa.dot.gov/asset/index.cfm AASHTO Asset Management Guide A Focus on Implementation FHWA Office of Asset Management AASHTO Asset Management Subcommittee TRB Asset Management Committee Other