Resource Allocation Policy / Washington State DOT
Washington State DOT has worked closely with its legislature to adopt asset management based resource allocation policies.
The following is an excerpt from state legislation that was last updated in 2002:
”deficiencies on the state highway system shall be based on a policy of priority programming having as it’s basis the rational selection of projects and services according to factual need and an evaluation of life cycle costs...”
– RCW 47.05.010
This legislation along with good business practices has made Washington State DOT have one of the most mature asset management practices and an integrated set of tools, business processes, and organizational culture to support good asset management.
Source: http://apps.leg.wa.gov/RCW/default.aspx?cite=47.05
Read more in the chapter: 5.1.2 Transportation Agency Context