Asset Management Financial Report Series: The Vermont Experience: A Case Study
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2017-04-01
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Edition:Report 6
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Abstract:This case study describes the Vermont Agency of Transportation’s (VTrans) experience during the development of the first 10-year financial plan associated with its Transportation Asset Management Plan (TAMP). The case study shows the VTrans efforts to meet the state’s requirements and agency objectives for management of transportation assets, while also meeting Federal transportation asset management plan requirements. It describes the process followed, the factors guiding the plan, the challenges faced, key provisions of the plan, lessons learned by VTrans, and guidance to peers from the VTrans experience. The components of the VTrans TAM financial plan projections discussed in this report are based on various assumptions that may change over the 10-year TAMP period. It is also noted that the version of the financial plan reviewed for the purpose of this study is currently in a draft form and may undergo further revisions following the completion of this report.
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