Economics in Asset Management – The Ohio-Kentucky-Indiana Regional Council of Governments Experience

Summary

Subjects addressed:

Financial Management/Asset Valuation, General/TAM Practice

Topics addressed:

Asset Management Plans, Communications

Asset types addressed:

General

Detail

Title: Economics in Asset Management – The Ohio-Kentucky-Indiana Regional Council of Governments Experience
Resource type: Research Report
Year published:
Publisher: FHWA
URL: http://www.fhwa.dot.gov/infrastructure/asstmgmt/wsoki07.pdf
Abstract:

This case study details the asset management experiences of the Ohio-Kentucky-Indiana Regional Council of Governments (OKI), focusing on the economic elements of their programming. OKI uses prioritization processes and economic analysis software for surface transportation project planning. Additionally they are looking to integrate benefit-cost analysis tools in the future, to further facilitate asset management practices and to analyze projects in their Transportation Improvement Program (TIP). This report is part of the FHWA Office of Asset Management's series of case studies on TAM, produced with the goal of sharing information between agencies to improve efficiency.

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