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Suggested Citation:"Front Matter." National Academies of Sciences, Engineering, and Medicine. 2018. A Guide to Developing Financial Plans and Performance Measures for Transportation Asset Management. Washington, DC: The National Academies Press. doi: 10.17226/25285.
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Page 1
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Suggested Citation:"Front Matter." National Academies of Sciences, Engineering, and Medicine. 2018. A Guide to Developing Financial Plans and Performance Measures for Transportation Asset Management. Washington, DC: The National Academies Press. doi: 10.17226/25285.
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© 2018 National Academy of Sciences. All rights reserved. ACKNOWLEDGMENTS The research for this document was conducted through one or more programs administered by the Cooperative Research Programs (CRP) of the Transportation Research Board (TRB) of the National Academies of Sciences, Engineering, and Medicine:  Airport Cooperative Research Program (ACRP) research is sponsored by the Federal Aviation Administration (FAA).  Hazardous Materials Cooperative Research Program (HMCRP) research is sponsored by the Pipeline and Hazardous Materials Safety Administration (PHMSA).  National Cooperative Freight Research Program (NCFRP) research is sponsored by the Office of the Assistant Secretary for Research and Technology.  National Cooperative Highway Research Program (NCHRP) research is sponsored by the American Association of State Highway and Transportation Officials (AASHTO), in cooperation with the Federal Highway Administration (FHWA).  National Cooperative Rail Research Program (NCRRP) research is sponsored by the Federal Railroad Administration.  Transit Cooperative Research Program (TCRP) research is sponsored by the Federal Transit Administration (FTA) in cooperation with the Transit Development Corporation. COPYRIGHT INFORMATION Authors herein are responsible for the authenticity of their materials and for obtaining written permissions from publishers or persons who own the copyright to any previously published or copyrighted material used herein. Cooperative Research Programs (CRP) grants permission to reproduce material in this publication for classroom and not-for-profit purposes. Permission is given with the understanding that none of the material will be used to imply endorsement by TRB and any of its program sponsors of a particular product, method, or practice. It is expected that those reproducing the material in this document for educational and not-for-profit uses will give appropriate acknowledgment of the source of any reprinted or reproduced material. For other uses of the material, request permission from CRP. DISCLAIMER To facilitate more timely dissemination of research findings, this pre-publication document is taken directly from the submission of the research agency. The material has not been edited by TRB. The opinions and conclusions expressed or implied in this document are those of the researchers who performed the research. They are not necessarily those of the Transportation Research Board; the National Academies of Sciences, Engineering, and Medicine; or the program sponsors. The Transportation Research Board, the National Academies, and the sponsors of the National Cooperative Highway Research Program do not endorse products or manufacturers. Trade or manufacturers’ names appear herein solely because they are considered essential to the object of the report. This pre-publication document IS NOT an official publication of the Cooperative Research Programs; the Transportation Research Board; or the National Academies of Sciences, Engineering, and Medicine. Recommended citation: Spy Pond Partners, LLC, KPMG, University of Texas at Austin. 2018. A Guide to Developing Financial Plans and Performance Measures for Transportation Asset Management. Pre- publication draft of NCHRP Research Report 898. Transportation Research Board, Washington, D.C.

N A T I O N A L   C O O P E R A T I V E   H I G H W A Y   R E S E A R C H   P R O G R A M NCHRP 19-12 A Guide to Developing Financial Plans and Performance Measures for Transportation Asset Management Spy Pond Partners, LLC Arlington, MA KPMG London, UK University of Texas at Austin Center for Transportation Research Austin, TX Research sponsored by the American Association of State Highway and Transportation Officials in cooperation with the Federal Highway Administration TRANSPORTATION RESEARCH BOARD WASHINGTON, D.C. 2018 www.TRB.org

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TRB's National Cooperative Highway Research Program (NCHRP) has released a pre-publication, non-edited version of Research Report 898: A Guide to Developing Financial Plans and Performance Measures for Transportation Asset Management. The report presents guidance for state departments of transportation (DOTs) and other agencies conducting financial analyses and developing financial plans to support efficient and effective management of the agency’s transportation assets. The guide addresses fiscal and programmatic constraints associated with federal and state legislation; methodologies for valuing assets, forecasting and allocating financial resources; financial performance measures and targets; and practical concerns related to financial markets and accounting requirements.

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