Samenvatting
This report identifies the current state of the practice regarding fleet replacement management and financing methods by departments of transportation (DOTs). A primary objective of this study is to identify methods currently used to manage asset replacement, including the financing of replacement expenditures. The report also provides a discussion of the perceived strengths and weaknesses of different management and financing methods. Information used in this study was acquired through a review of the literature and a survey of DOT representatives in all states. (Author/publisher)