Summary
Subjects addressed:
Financial Management/Asset Valuation, General/TAM Practice, Performance Measurement and ManagementTopics addressed:
Asset Management Plans, CommunicationsAsset types addressed:
Bridge, PavementDetail
Title: Highway Economic Requirements System-State (HERS-ST) The Oregon ExperienceResource type: Research Report
Year published:
Publisher: FHWA
URL: http://www.fhwa.dot.gov/infrastructure/asstmgmt/dior.pdf
Abstract:
This case study documents the development of the asset management program at Oregon DOT. ODOT changed their asset management methodology to incorporate economics as they produced the Oregon Highway Plan with the use of HERS, an investment-performance model. 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.