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Title:

CONDITION-BASED BRIDGE ASSET VALUATION
Cover of CONDITION-BASED BRIDGE ASSET VALUATION

Accession Number:

00941379

Record Type:

Component

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Order URL: http://worldcat.org/issn/00978515

Abstract:

Understanding the relative value of infrastructure assets such as roadways, bridges, and other transportation facilities is important when making decisions regarding the allocation of funding across different infrastructure types. The criterion used to allocate available funds is generally a function of identified needs weighed against a required service level or political process. By understanding the relative value of the various infrastructure assets, better decisions can be made in the split of preservation funds. In addition to the benefits in the preservation fund allocation process, new requirements coming from the Governmental Accounting Standards Board (GASB) Statement 34 have required bridge owners to provide a value for all major infrastructure assets constructed after June 30, 1980. To comply with the requirements of GASB 34, the California Department of Transportation has developed a methodology for asset valuation that is based on the various materials, design types, and current condition of the bridges in the state. The procedure developed to assess the value of the state-owned bridges in California is described.

Supplemental Notes:

Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved

Report/Paper Numbers:

E-C049,
IBMC03-036
IBMC03-041

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Johnson, M B

Pagination:

p. 149-153

Publication Date:

2003-4

Serial:

Transportation Research Circular

Issue Number: E-C049
Publisher: Transportation Research Board
ISSN: 0097-8515

Conference:

9th International Bridge Management Conference

Location: Orlando, Florida
Date: 2003-4-28 to 2003-4-30
Sponsors: Transportation Research Board, Federal Highway Administration

Features:

Figures (1) ; Tables (2)

Uncontrolled Terms:

Geographic Terms:

Subject Areas:

Bridges and other structures; Design; Finance; Highways; I24: Design of Bridges and Retaining Walls

Files:

TRIS, TRB

Created Date:

Apr 18 2003 12:00AM

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