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AASHTO AM

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AASHTO AM 2nd Edition, January 1, 1997 21st Century Asset Management

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Description / Abstract: foreword

In October 1997, the American Association of State Highway and Transportation Officials (AASHTO) and the Federal Highway Administration (FHWA) jointly sponsored a two-day executive workshop on asset management. The mission of the workshop was to evaluate current asset management practices, technologies, and tools, and to develop a strategy for moving forward a cooperative asset management initiative. The New York State Department of Transportation and Rensselaer Polytechnic Institute hosted the event, which brought together high-level officials from AASHTO, FHWA, and state transportation agencies, as well as directors of national organizations and professional associations, and representatives of the private sector and academia. This document summarizes the deliberations and findings of the workshop, and the recommendations made for moving this initiative forward.

The October 1997 workshop builds upon the findings of the earlier AASHTO/FHWA Executive Seminar on Asset Management held during September 1996 in Washington, D.C. During that initial event, participants drawn from the leadership of AASHTO, FHWA, state transportation departments, private industry, utility companies, quasi-government organizations, and research and supplier communities shared experience and expertise to improve the quality of asset management. The results are documented in the publication entitled, "Asset Management: Advancing the State of the Art Into the 21st Century Through Public-Private Dialogue" (USDOT Publication No. FHWA-RD-97-046), which describes the goals, attributes, and usefulness of asset management.