State Department of Transportation Fleet Replacement Management Practices (2014) / Chapter Skim
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SUMMARY The goal of NCHRP Synthesis Topic 43-14 is to examine the fleet replacement management and financing practices currently employed by state departments of transportation (DOTs) and to summarize their perceived advantages and disadvantages.
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2 – Conversely, nearly 20% of survey respondents indicated that replacement expenditures should be reduced instead of increased. – Half the respondents indicated that less than 20% of the assets currently in their fleets need to be replaced at this time.
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3 the DOT, and 20% have programs managed by another organizational unit within the DOT, including individual fleet user organizations. • Financing Methods Most DOTs use one primary method for financing the capital costs of their fleet.
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4 The AASHTO Standing Committee on Highways recently commissioned a report on future equipment fleet management research needs. The report includes recommendations regarding research that should be conducted on the development of asset replacement cycle guidelines, asset repair-rebuild versus replacement decision making, fleet replacement planning, and fleet replacement financing.
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