The Federal Highway Administration (FHWA) on October 24, 2016, published its final rule on required state-approved asset management plans and processes. Asset management is a strategic and systematic process of operating, maintaining, and improving physical assets, with a focus on engineering and economic analysis based upon quality information, to identify a structured sequence of maintenance, preservation, repair, rehabilitation, and replacement actions that will achieve and sustain a desired state of good repair over the lifecycle of the assets at minimum practicable cost. In simple terms, asset management is a strategic process for managing physical assets in a state of good repair over their lifecycle at minimum practicable cost.
The Federal Aviation Administration (FAA) Reauthorization Act of 2018, Section 136 requires the FAA to allow the use of state highway specifications f...
The mission of the Tennessee Department of Transportation (TDOT) is to enablethe safe and efficient movement of people and goods by fostering a robust...
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