CDOT Risk-Based Asset Management Plan


Published: 2019

The CDOT Risk-Based Asset Management Plan is available here.


Document summary:

Colorado's TAMP presents a risk-based asset management approach. Supporting, maintaining, and expanding Colorado's transportation system is the central goal of the TAMP. It achieves this goal by following the FHWA and MAP-21 guidelines and focusing on effectively managing the state's pavement and bridges. The previous Colorado TAMP is available at: http://www.tamptemplate.org/wp-content/uploads/tamps/022_coloradodot.pdf.

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, 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 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
• Investment strategies summarize planned capital and operating expenditures
• 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.
External link (if available): Direct link