Transportation agencies need to determine the current value of their physical assets to prepare financial reports and to support a range of transportation asset management (TAM) applications. Once an agency has calculated the value of its assets, that information can help describe its asset management program, demonstrate the impact of investments, and address key TAM questions. Asset values summarize the quantity of assets an agency owns or maintains, while changes in value indicate trends in asset condition and whether an agency’s inventory is improving or deteriorating. Depending on how it is calculated, asset value can also support decisions about how best to invest in assets—or whether an investment is justified.
NCHRP Web-Only Document 448: Implementation of A Guide to Computation and Use of System-Level Valuation of Transportation Assets, produced by TRB’s National Cooperative Highway Research Program, describes the development and dissemination of outreach materials that provide an overview of the Asset Valuation Guide through case studies, as well as supplemental tools and worksheets. The results of this project were incorporated into the web-based version of the Asset Valuation Guide, which is maintained by the American Association of State Highway and Transportation Officials.
71 pages
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8.5 x 11
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ISBN Ebook: 0-309-60434-6
DOI:
https://doi.org/10.17226/29389
National Academies of Sciences, Engineering, and Medicine. 2026. Implementation of A Guide to Computation and Use of System-Level Valuation of Transportation Assets. Washington, DC: The National Academies Press.
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