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Pages 1-9

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From page 1...
... What's Important regulators and investors. For TAM, presenting data on the value of physical assets, such as pavement, bridges, and facilities, communicates what an organization owns and what it must maintain.
From page 2...
... Define the Analysis Scope Establish Initial Value Determine Treatment Effects Calculate Depreciation Calculate Value and Supporting Measures Communicate and Apply the Results What's Important asset value's many applications and perspectives. An agency may use the cost perspective, the market How the Guide Can Help There is no one right way to calculate asset value – the best approach to use depends on agency's perspective on what value represents, how the results of the value calculation will be used, and what data an agency has available.
From page 3...
... What's Important portant to determine the primary use of the asset value calculation for supporting TAM. From there it is necessary to review the data available to support calculating asset value, determine what assets and systems to include, and establish whether it is necessary to perform the value calculation for asset components.
From page 4...
... What's Important Initial asset value, the value of an asset at the start of the analysis period, is a key component of the asset value calculation. What this represents, exactly, depends on the approach being used to make quired, while in others, it may be the value at a particular point in time.
From page 5...
... What's Important Treatments are the activities performed on an asset over its life. One must consider what treatments may occur over the life of an asset, and whether any treatments besides the initial acquisition or construction of an asset need to be explicitly considered in the asset value calculation.
From page 6...
... What's Important useful life. Three approaches are presented here for calculating depreciation.
From page 7...
... What's Important Once one has established all of the parameters for the asset value calculation, the task remains to calculate value for individual assets or groups of assets. Where the calculation is made for groups of sets.
From page 8...
... What's Important Once calculated, asset value and related measures can support a range of applications. These applications are summarized through a set of six key questions which asset value and related measures may help answer.
From page 9...
... What's Important used. The examples include calculation of asset value for: a highway agency based on cost and market perspectives; a transit agency based on a cost perspective; and a highway agency based on an economic perspective.

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