Asset Management is the strategic approach to managing infrastructure elements. AASHTO defines Asset Management as “a systematic process of maintaining, upgrading, and operating physical assets cost-effectively.”

In October, 2003, LHTAC began assisting the local highway jurisdictions in the development of a uniform asset management and reporting system, including centerline GPS, signage GPS, and local road attributes.

Cities under 5,000 in population, Highway Districts, and Counties that have local road jurisdiction are elgible to recieve assistance under this program.

The strategic approach has the following elements:

• Measurable Objectives
• Direction and Support of Top Management and Elected Officials
• Commitment of Middle Management
• Engagement of Front Line People
• Credible Information and Management Systems
• Public Support

Asset Management as it pertains to pavement preservation is the process of applying the right treatment at the right time to the right place.

Asset Management:

• Combines engineering principles with sound business practices and economic theory
• Provides tools to facilitate an organized, logical approach to decision making
• Provides a framework for handling both short and long-range planning

Cities under 5,000 in population that have local road jurisdiction, Highway Districts, and Counties are eligible to receive help under this project. The jurisdiction needs the following items:

• Computer running Windows XP or newer
• Good Internet Access
• Grant Application – 2012 Grant Application

iWorQ information:  General Information   Data Protocol

Why have an Asset Management Program?

Good Roads Cost Less for Road User:

• Fuel Savings
• Vehicle Repairs
• Time

Good Roads Cost Less:

• To Maintain
• To Preserve
• To Rehabilitate

Good Roads Impact Environment Less:

• Less Air Pollution

Good Roads are Safer:

• Skid Resistance
• Edge drop-off

Good Roads Provide Better Service

• Accommodate Heavier Loads
• Smooth Ride
• Greater Capacity