Subjects addressed:General/TAM Practice, Life Cycle Costing/Economic Analysis
Topics addressed:Asset Management Plans, Communications
Asset types addressed:General, Pavement
DetailTitle: Life Cycle Cost Analysis (LCCA) – The Colorado Experience
Resource type: Research Report
This case study details Colorado DOT's experiences with asset management and life cycle costing analysis (LCCA). CDOT began using LCCA to evaluate investment decisions, and the agency has developed an LCCA process that has been integrated into their planning, policies, and procedures to produce a sound, long-term approach to managing assets. This report is part of the FHWA Office of Asset Management's series of case studies on TAM, produced with the goal of sharing information between agencies to improve efficiency.