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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.