Alaska's Transit Asset Management Plan provides an outline and roadmap for the Department of Transportation and Public Facilities to implement best transportation asset management practices for its bridges and highways. The TAMP provides a 10-year financial plan connecting the more than twenty-year Long Range Transportation Plan (LRTP) with the four-year State Transportation Improvement Program (STIP).
This document includes the following sections:
Asset Valuation, 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:
• Asset valuation included • Includes a review of agency roles and responsibilities for TAM • Includes analysis of future demand impacts on asset needs • 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 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
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