New Mexico DOT’s TAMP establishes the current condition of the highway and bridge assets in the state and provides a strategy for maintaining these assets in a state of good repair. The TAMP specifically addresses NMDOT’s plan to achieve the performance goals set forth in recent federal legislation. NMDOT’s TAMP complies with the Federal Highway Administration’s requirements for National Highway System TAMPs. It is also a living document that will be reviewed and updated regularly
This document includes the following sections:
Asset Valuation, Current Methods and Tools, Financial Plan, Introduction, Inventory and Condition, Investment Strategies, Lifecycle Management, Objectives and Measures, Performance Assessment, Process Improvements, Regulatory and Legislative Requirements, Risk Management.
This document meets the following additional criteria:
• Asset valuation included • Defines linkages to other planning & programming documents • Future cost/performance projections are based on management system analysis (e.g. HERS, dTIMS) • Includes a review of agency roles and responsibilities for TAM • Includes cost projections for meeting performance or LOS targets • Includes estimates of future maintenance costs • Includes estimates of future rehabilitation, replacement, reconstruction, and/or renewal 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 consistent with and linked to capital program • Key revenue projection assumptions identified • Performance/LOS targets are linked to agency goals/objectives • Risk assessment results incorporated into investment strategies.
The modal scope of this document is: Highway Only
The asset scope of this document is: Highway Assets
, Pavement and bridge only