In July 2012, the Federal Highway bill, Moving Ahead for Progress in the 21st Century (MAP-21), codified asset management principles into law. This legislation establishes a performance-based highway program with the goal of improving how Federal transportation funds are allocated.
MAP-21 requires each state department of transportation to develop a risk-based Transportation Asset Management Plan to improve or preserve the condition of the assets and performance of the system for the National Highway System (NHS). States must address pavements and bridges but are encouraged to include all infrastructure assets within the highway right-of-way in their risk-based asset management plan. This plan can also include roads other than on the NHS.
A state asset management plan shall, as a minimum, be in a form that the Secretary of Transportation determines to be appropriate and include:
- A summary listing of the pavement and bridge assets on the NHS in the state, including a description of the condition of those assets
- Asset management objectives and measures
- Performance gap identification
- Lifecycle cost and risk management analysis
- A financial plan
- Investment strategies
MAP-21 identifies national goal areas with thresholds on pavement conditions on interstates and bridge conditions on all National Highway Systems. State Departments of Transportation and locals must targets in response of the national goals within 12 months of established national measures. MPOs must establish their targets six months after the state establishes its target. All targets and measures must be incorporated into planning processes. State report on progress towards target must be reported within four years of enactment and biennially thereafter. Insufficient progress towards national performance measures and HSIP targets can result in corrective actions taken against the state’s federal funds.