Colorado DOT's TAMP seeks to address Colorado's vast, multimodal system of transportation, as well as public demands for increased performance despite decreases in funding. The TAMP aims to provide a framework for incorporating asset management strategies and performance-based decision making into Colorado DOT's programming in order to take a holistic, efficient approach. Colorado DOT seeks to integrate life cycle analysis and risk analysis into their planning processes, thus equipping the agency to budget effectively, manage risks, and maximize return on investments.
This document includes the following sections:
Communications and Reporting, Current Methods and Tools, Financial Plan, Future Demand, Introduction, Inventory and Condition, Investment Strategies, Levels of Service, Lifecycle Management, Objectives and Measures, Performance Assessment, Process Improvements, Regulatory and Legislative Requirements, Risk Management.
This document meets the following additional criteria:
• Defines linkages to other planning & programming documents • Future cost/performance projections are based on management system analysis (e.g. HERS, dTIMS) • Includes analysis of future demand impacts on asset needs • Includes cost projections for meeting performance or LOS targets • Includes cross-asset resource allocation method • Includes customer-oriented LOS statements • Includes estimates of future maintenance costs • Includes formal risk assessment results such as a risk register • Includes future projected asset condition • Includes strategies for multiple funding scenarios • Includes substantive list of process, data, and/or systems improvement actions • Investment strategies summarize planned capital and operating expenditures • Key revenue projection assumptions identified • Presents a corridor view of asset management • References customer surveys/outreach for establishing LOS statements.
The modal scope of this document is: Highway Only
The asset scope of this document is: Includes other assets