Asset Management

The Asset Management Unit compiles the data for driving the decision making processes that looks at both financial and technical issues, and considers asset condition and performance to find the best maintenance and improvement investment. This office coordinates with the asset managers in the Planning, Operations and Finance offices to compile and execute a risk based asset management plan.

Transportation Asset Management Plan (TAMP) 

The Moving Ahead for Progress in the 21st Century Act (MAP-21) was designed to transform the policy and programmatic framework for investments in order to provide a streamlined and performance-based surface transportation program. MAP-21 fundamentally mandates a comprehensive Asset Management approach to surface transportation programs at state departments of transportation (DOTs).

“Asset management is a systematic process of maintaining, upgrading, and operating physical assets cost-effectively. It combines engineering principles with sound business practices and economic theory, and it provides tools to facilitate a more organized, logical approach to decision-making.”[1]

 

One of the primary requirements of the federal bill is for state DOTs to develop a Transportation Asset Management Plan (TAMP) for the National Highway System. The TAMP is a long range plan designed to improve or preserve the condition of the assets and the overall performance of the system. The TAMP introduces the concept of risk management to State DOTs and expands the concept of life cycle cost analysis throughout the entire analysis and project selection process.

As part of a national pilot project, Louisiana DOTD was one of three (3) DOTs selected to work closely with the Federal Highway Administration to create a Pilot TAMP to serve as a guide for other states to develop their plans. The Pilot TAMP is included here for your review.

Please note that Louisiana DOTD intends to revise this plan to fully comply with the final publication of rules for Docket No. FHWA-2013-0053, RIN 2125-AF53, “National Performance Management Measures; Assessing Pavement Condition for the National Highway Performance Program and Bridge Condition for the National Highway Performance Program” expected to be completed in October 2015.


[1] Asset Management: Advancing the State of the Art Into the 21st Century Through Public-Private Dialogue. Federal Highway Administration and the American Association of State Highway and Transportation Officials, 1996, page 3.

 

Downloads

 

 Asset Management

 
  
  
  
  
LADOTD TAMP Pilot Version.pdf
  
3/16/2015 12:48 PM1848 KB
 

 DOTD Contacts WS

 


Contacts
 
NamePhoneTitle
225-379-1159Asset Management Engineer