Today, most if not all transportation agencies or Departments of Transportation (DOT) are moving towards implementing asset management systems or components of asset management systems. Asset management systems for bridges generally answer fundamental questions about ownership, location, and condition, and most also address the cost of preservation and improvement needs, as well as the forecasting of future performance. But so far there are few tools to estimate the economic value of bridge assets and the effect of agency policy on this valuation. This question has become especially important to many agencies in response to the US Government Accounting Standards Board's Statement 34 (GASB 34), and it is also a useful performance measure for management decision support. In this paper, methods to determine the asset valuation of structural assets are discussed, and means to carry out these calculations are shown which can be implemented in a bridge management system. Different GASB 34 compliant methods are shown which can be used depending on the agency preference. For the covering abstract of this conference see ITRD number E
Samenvatting