Download or read book A Methodology for Highway Asset Valuation in Indiana written by Michelle S. Dojutrek and published by Joint Transportation Research Program. This book was released on 2012-12-31 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government Accounting Standards Board (GASB) requires transportation agencies to report the values of their tangible assets. The shortcomings of traditional valuation methods include the implicit monolithic assumption of asset structures and the parochial range of value-related asset attributes considered in the evaluation process. Thus, this research developed enhanced methods and concepts for valuation. The elemental decomposition and multi-criteria (EDMC) method uses asset component costs, remaining service lives and condition. The replacement-downtime-salvage method considers life-cycle costs, including workzone user costs, and recycling benefits or disposal costs. The decommission-and-reuse method is based on the real-estate value of land occupied by the asset. The probabilistic method considers the asset value as a function of its survival likelihood. This study determined the total value of Indiana's state highway assets using traditional and proposed methods and new considerations. For the proposed EDMC method, this estimate was $45 billion. The value of pavements and bridges were $37.38B and $3.40B, respectively, together constituting 90% of total asset value. The total value of smaller assets (guardrails, underdrains, culverts, and road signs) was approximately $1.2B, and rights-of-way, $2.840B, constituting approximately 3% and 7%, respectively of the total asset value. On the basis of the unit asset values derived for Indiana, the existing asset inventory of other states, and the state-specific cost factors, the total estimated value of state-owned and overall highway bridge and pavement assets in the United States was estimated at $3.4T and $16.2T, respectively, using EDMC, and $2.9T and 13.8T, respectively, using GASB 34. The study also explored ways in which asset value could be incorporated in investment evaluation.

Download or read book Sustainable Road Infrastructure Technologies and Assessments written by Di Wang and published by Frontiers Media SA. This book was released on 2024-05-23 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The construction of sustainable road infrastructures has become an issue of concern to the international community. Road infrastructures require a large amount of non-renewable resources during the construction phase while containing abundant renewable energy resources (e.g. vehicle mechanical energy, internal thermal energy, and surface solar energy) during the operational phase. Therefore, reducing the dependence of road infrastructures on non-renewable resources, upgrading the construction and maintenance levels, improving the recycling level of infrastructure materials, and efficiently harvesting and utilizing clean energy from sustainable road infrastructures are of great significance in alleviating energy problems and promoting sustainable social development.

Download or read book Proceedings of the International Symposium on Engineering under Uncertainty Safety Assessment and Management ISEUSAM 2012 written by Subrata Chakraborty and published by Springer Science & Business Media. This book was released on 2013-03-12 with total page 1349 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Symposium on Engineering under Uncertainty: Safety Assessment and Management (ISEUSAM - 2012) is organized by Bengal Engineering and Science University, India during the first week of January 2012 at Kolkata. The primary aim of ISEUSAM 2012 is to provide a platform to facilitate the discussion for a better understanding and management of uncertainty and risk, encompassing various aspects of safety and reliability of engineering systems. The conference received an overwhelming response from national as well as international scholars, experts and delegates from different parts of the world. Papers received from authors of several countries including Australia, Canada, China, Germany, Italy, UAE, UK and USA, besides India. More than two hundred authors have shown their interest in the symposium. The Proceedings presents ninety two high quality papers which address issues of uncertainty encompassing various fields of engineering, i.e. uncertainty analysis and modelling, structural reliability, geotechnical engineering, vibration control, earthquake engineering, environmental engineering, stochastic dynamics, transportation system, system identification and damage assessment, and infrastructure engineering.

Download or read book A Methodology for Integrating Roadway Safety Hardware Management Into the Overall Highway Asset Management Program written by Zongzhi Li and published by . This book was released on 2008 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Updating Upgrading Refining Calibration and Implementation of Trade Off Analysis Methodology Developed for Indot written by Qiang Bai and published by Joint Transportation Research Program. This book was released on 2012-12-31 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: As part of the ongoing evolution towards integrated highway asset management, the Indiana Department of Transportation (INDOT), through SPR studies in 2004 and 2010, sponsored research that developed an overall framework for asset management. This was intended to foster decision support for alternative investments across the program areas on the basis of a broad range of performance measures and against the background of the various alternative actions or spending amounts that could be applied to the several different asset types in the different program areas. The 2010 study also developed theoretical constructs for scaling and amalgamating the different performance measures, and for analyzing the different kinds of trade-offs. The research products from the present study include this technical report which shows how theoretical underpinnings of the methodology developed for INDOT in 2010 have been updated, upgraded, and refined. The report also includes a case study that shows how the trade-off analysis framework has been calibrated using available data. Supplemental to the report is Trade-IN Version 1.0, a set of flexible and easy-to-use spreadsheets that implement the trade-off framework. With this framework and using data at the current time or in the future, INDOT's asset managers are placed in a better position to quantify and comprehend the relationships between budget levels and system-wide performance, the relationships between different pairs of conflicting or non-conflicting performance measures under a given budget limit, and the consequences, in terms of system-wide performance, of funding shifts across the management systems or program areas.

Download or read book Estimating Life Expectancies of Highway Assets Guidebook written by Paul David Thompson and published by Transportation Research Board. This book was released on 2012 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 1 addresses how to apply a methodology for estimating the life expectancies of major types of highway system assets. The methodology is designed for use in lifecycle cost analyses that support management decision making. Volume 2 describes the technical issues and data needs associated with estimating asset life expectancies and the practices used in a number of fields--such as the energy and financial industries--to make such estimates.

Download or read book AASHTO Transportation Asset Management Guide written by American Association of State Highway and Transportation Officials and published by AASHTO. This book was released on 2011 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aims to encourage transportation agencies to address strategic questions as they confront the task of managing the surface transportation system. Drawn form both national and international knowledge and experience, it provides guidance to State Department of Transportation (DOT) decision makers, as well as county and municipal transportation agencies, to assist them in realizing the most from financial resources now and into the future, preserving highway assets, and providing the service expected by customers. Divided into two parts, Part one focuses on leadership and goal and objective setintg, while Part two is more technically oriented. Appendices include work sheets and case studies.

Download or read book Climate Change Energy Sustainability and Pavements written by Kasthurirangan Gopalakrishnan and published by Springer. This book was released on 2014-09-25 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change, energy production and consumption, and the need to improve the sustainability of all aspects of human activity are key inter-related issues for which solutions must be found and implemented quickly and efficiently. To be successfully implemented, solutions must recognize the rapidly changing socio-techno-political environment and multi-dimensional constraints presented by today’s interconnected world. As part of this global effort, considerations of climate change impacts, energy demands, and incorporation of sustainability concepts have increasing importance in the design, construction, and maintenance of highway and airport pavement systems. To prepare the human capacity to develop and implement these solutions, many educators, policy-makers and practitioners have stressed the paramount importance of formally incorporating sustainability concepts in the civil engineering curriculum to educate and train future civil engineers well-equipped to address our current and future sustainability challenges. This book will prove a valuable resource in the hands of researchers, educators and future engineering leaders, most of whom will be working in multidisciplinary environments to address a host of next-generation sustainable transportation infrastructure challenges. "This book proposes a broad detailed overview of the actual scientific knowledge about pavements linked to climate change, energy and sustainability at the international level in an original multidimensional/multi-effects way. By the end, the reader will be aware of the whole global issues to care about for various pavement technical features around the world, among which the implications of modelling including data collection, challenging resources saving and infrastructures services optimisation. This is a complete and varied work, rare in the domain." Dr. Agnes Jullien Research Director Director of Environmental, Development, Safety and Eco-Design Laboratory (EASE) Department of Development, Mobility and Environment Ifsttar Centre de Nantes Cedex- France “An excellent compilation of latest developments in the field of sustainable pavements. The chapter topics have been carefully chosen and are very well-organized with the intention of equipping the reader with the state-of-the-art knowledge on all aspects of pavement sustainability. Topics covered include pavement Life Cycle Analysis (LCA), pervious pavements, cool pavements, photocatalytic pavements, energy harvesting pavements, etc. which will all be of significant interest to students, researchers, and practitioners of pavement engineering. This book will no doubt serve as an excellent reference on the topic of sustainable pavements.” Dr. Wei-Hsing Huang Editor-in-Chief of International Journal of Pavement Research and Technology (IJPRT) and Professor of Civil Engineering National Central University Taiwan

Download or read book Optimal Investment Decision making for Highway Transportation Asset Management Under Risk and Uncertainty written by Zongzhi Li and published by . This book was released on 2007 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Measuring and Reporting Highway Asset Value Condition and Performance written by Sarah Wells and published by TAC = ATC. This book was released on 2001-01-01 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Assessment of Highway Financing Needs in Indiana written by Kumares C. Sinha and published by . This book was released on 2005-06-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Private Financing of Public Transportation Infrastructure written by Wendell C. Lawther and published by Lexington Books. This book was released on 2015-10-22 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses a unique combination of best practices and lessons learned, including evaluation and transparency issues not found elsewhere in other texts. Given that P3s are evolving and changing, it contains the most up to date information and review of relevant sources. Other topics that have become more important are reviewed, including the value of benefit cost analysis and the appropriate discount rate to use for value for money analysis. Practices and policies are discussed throughout, highlighting efforts that could lead to successful outcomes. Although transparency is an issue discussed by many, this research indicates that greater transparency would lead to more publicly accepted P3s and ensure greater success. Given recent national news coverage of relevant topics, such as the Highway Trust Fund “running out of money," President Obama’s call for an infrastructure fund, and increasing Congressional interest and testimony, the content of this book is timely. A concurrent theme commonly addressed by other books and commentaries is the complexity of the topic and the lack of understanding of P3s. This research identifies practices and procedures that are innovative and “cutting edge.” Many of the best practices identified are not uniformly adopted by all officials wishing to create P3s. The analysis does not simply describe these practices, but provides insights into the potential advantages of adoption. Experiences in the United States as well as selected international efforts provide a wide range of potential sources from which to draw upon. This book provides a series of case studies and examples, including one chapter devoted to ten studies that were written by several internationally known authors. References to actual experiences are found throughout almost all of the chapters. These case studies reinforce and illustrate relevant points made throughout.

Download or read book Dissertation Abstracts International written by and published by . This book was released on 2004 with total page 754 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Life Cycle Analysis and Assessment in Civil Engineering Towards an Integrated Vision written by Robby Caspeele and published by CRC Press. This book was released on 2018-10-31 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains the papers presented at IALCCE2018, the Sixth International Symposium on Life-Cycle Civil Engineering (IALCCE2018), held in Ghent, Belgium, October 28-31, 2018. It consists of a book of extended abstracts and a USB device with full papers including the Fazlur R. Khan lecture, 8 keynote lectures, and 390 technical papers from all over the world. Contributions relate to design, inspection, assessment, maintenance or optimization in the framework of life-cycle analysis of civil engineering structures and infrastructure systems. Life-cycle aspects that are developed and discussed range from structural safety and durability to sustainability, serviceability, robustness and resilience. Applications relate to buildings, bridges and viaducts, highways and runways, tunnels and underground structures, off-shore and marine structures, dams and hydraulic structures, prefabricated design, infrastructure systems, etc. During the IALCCE2018 conference a particular focus is put on the cross-fertilization between different sub-areas of expertise and the development of an overall vision for life-cycle analysis in civil engineering. The aim of the editors is to provide a valuable source of cutting edge information for anyone interested in life-cycle analysis and assessment in civil engineering, including researchers, practising engineers, consultants, contractors, decision makers and representatives from local authorities.

Download or read book Indiana County Highway Records and Reports Manual written by and published by . This book was released on 1960 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Indiana County Highway Records and Reports Manual Prepared for State Highway Dept of Indiana in Co operation with the U S Bureau of Public Roads Dept of Commerce written by Indiana University. Bureau of Government Research and published by . This book was released on 1960 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Measuring and Reporting Highway Asset Value Condition and Performance written by Transportation Association of Canada and published by . This book was released on 1999-01-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: