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State highway agency equipment fleet assets are vital to the delivery of agency programs, projects, and services. These fleets represent a significant capital investment and require recurring maintenance, operational expenditures, and timely replacement to achieve the desired level of performance, reliability, and economy.
The TRB National Cooperative Highway Research Program's NCHRP Research Report 1017: Replacement of Highway Operations Equipment: Formulation of Long-Range Plans and Budgets is both a handbook on concepts for making long-range investment decisions and a guide for formulating cost-effective long-range plans for equipment replacement.
Supplemental to the report is a Long-Range Replacement Management tool to support the planning and budgeting processes. Any software included is offered as is, without warranty or promise of support of any kind either expressed or implied. Under no circumstance will the National Academy of Sciences or the Transportation Research Board (collectively “TRB”) be liable for any loss or damage caused by the installation or operation of this product. TRB makes no representation or warranty of any kind, expressed or implied, in fact or in law, including without limitation, the warranty of merchantability or the warranty of fitness for a particular purpose, and shall not in any case be liable for any consequential or special damages.
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