Transportation Asset Management
Asset management is defined by Federal Highway Administration (FHWA) as:
"A strategic and systematic process of operating, maintaining, and improving physical assets, with a focus on both engineering and economic analysis based upon quality information, to identify a structured sequence of maintenance, preservation, rehabilitation, and replacement actions that will achieve and sustain a desired state of good repair (SOGR) over the life cycle of the assets at minimum practicable cost (23 CFR 515.5)."
The Moving Ahead for Progress in the 21st Century Act (MAP-21) and the Fixing America's Surface Transportation Act (FAST Act) require each state department of transportation to develop and implement a risk-based asset management plan in accordance with 23 U.S.C. 119.
As required, DelDOT's asset management process has been in place since 2018 with the first Transportation Asset Management Plan (TAMP) published in 2019. Since then, DelDOT continues to meet the requirements of FHWA and enhance our asset management process. DelDOT's TAMP aligns well with our mission to provide Excellence in Transportation for every trip, every mode, every dollar and everyone.
DelDOT's formal Transportation Asset Management Plan submitted to FHWA addresses pavement and bridges, as follows:
- Pavements – National Highway System only
- Bridges – National Highway System only
Recognizing the value of asset management planning, DelDOT is currently in the process of reviewing additional assets and has developed State of Good Repair (SoGR) summaries to describe, highlight and illustrate each asset's inventory condition, financial investment scenarios, and list of potential risks.
DelDOT's asset management process integrates efforts throughout DelDOT to maximize financial investments for optimal infrastructure management.