State transportation agencies are stewards for public infrastructure assets that are essential to economic vitality, public safety, and quality of life. Accurate, relevant, and reliable asset valuation is crucial for decision-making to ensure the effective, efficient, and economical management of these public assets.

The Guide to Computation and Use of System Level Valuation of Transportation Assets provides guidance on how to calculate asset value, including three different perspectives each suited to different purposes, and a simple, 6-step approach to conduct the computation. It should be noted that though this guide is consistent with the standard practices, it is not an official accounting or financial standard.

Web resources available at https://www.assetvalueguide.com

The web guide is a product of NCHRP Project 23-06 presented in an easy-to-navigate digital version. The guide aids TAM practitioners in calculating and communicating asset value for an array of different perspectives and incorporating asset value into their decision-making processes. It is applicable to both highway and transit modes, and it provides advice for the best methods to value various different assets and asset classes.

The objective of this synthesis is to document DOT collaboration with MPOs relative to target setting, investment decisions, and performance monitoring of pavement and bridge assets for performance-based planning and programming. The synthesis will focus on DOT practices to initiate and facilitate collaboration with MPOs.

The objective of this research is to develop a guidebook presenting principles, organizational strategies, governance mechanisms, and practical examples for improving management of the processes for collecting data, developing useful information, and providing that information for decision making about management of the transportation system assets. The guide comprises a pre-assessment, a guided self-assessment, an evaluation of the results, and implementation support. Additionally it includes a glossary of key terms and case studies highlighting different parts of the process.

To access the online version of this report, please click here.