Asset Management Benefits

Asset Management is a strategic and systematic process of operating, maintaining, upgrading, and expanding physical assets effectively
throughout their life cycle. It focuses on business and engineering practices for resource allocation and utilization, with the objective of
better decision making based on quality information and well-defined objectives. Advancing asset management capabilities and
integrating these across MnDOT requires self-assessment, alignment, goal setting, and leadership support.

Asset Planning & Management Management Importance & Reducing Risk

MnDOT assets are in essence a shared public resource and Over time, the asset management effort will yield broad
worthy of being managed at the highest level of efficiency. Asset benefits and reduce risks across MnDOT including:
management can provide owners with information that can
assist in managing their inventory, identifying potential problem
• Strategic management of assets beyond pavement & bridge
areas, and ensuring safe and satisfactory performance of • Ability to quantify internal costs and the condition of assets
MnDOT roadside assets. • Document credible staffing, financial, and asset performance

Capital & Maintenance/

• Reduce risk through cyclical inspections and timely mitigation
Policy Direction Capital Programs Implementation of critical issues.
Operations Plans
• Reduce liability exposure by facilitating the creation of plans to
deal with known deficiencies of various assets

Minnesota GO
State Highway
Construction
• Provide data upon which to plan work and distribute funding
Investment Plan
Vision
(MnSHIP)
• Enhance public confidence in agency decision making
and 4-Year State
Statewide Transportation Modal • Objectively demonstrate funding gaps to seek funding
Multimodal Improvement Programs
Transportation Program • Provide data and tools to maximize efficiency of resource
Highway Systems deployment (Asset Management Systems)
Plan
Operations Plan
(HSOP) Maintenance • Asset management influences the planning, scoping, and
and mantenance and operations activities across the department
Operations

Maintenance
Planning
Scoping Pre-Design
Transportation Asset Management Plan (TAMP) &
and Surveys
Operations
Transportation Asset Management Systems (TAMS)
Monitoring / Reporting / Adjustments (Annual Performance Report)
Inventory Asset Management
Design
Inspection
Data Life Cycle
MnDOT Asset Management Planning Process
Construction Letting
As-Builts
& Materials Estimate
Assets By The Numbers Management

MnDOT has a direct ownership role in hydraulic infrastructure, roadside asset and traffic
infrastructure within the right of way. For the majority of the multimodal assets, MnDOT
manages grants monies or conveys or transfers ownership of property. Given significant
investment in these assets, continuing demands on the system, and increased fiscal
constraints on available funding for managing the system, it is imperative that MnDOT
continues to identify ways to improve its transportation asset management practices.

Bridges New or Replaced

Pavements Asset
NHS Pavements: 7,595 roadway miles NHS Bridges: 1,951 (count)
Non-NHS Bridges: 2,592 (count) Rehabilitation
Non-Pavements: 6,736 roadway miles Annual
Maintenance
Hydraulic Infrastructure Other Traffic Structures PHYSICAL
Highway Culverts: 47,157 (count) Overhead Sign structures: 2,359 (count) ASSET
Deep Stormwater Tunnels: 7 tunnels High-Mast Light Tower Structures: 476 LIFE CYCLE
(count)
(50 segments; 69,272 linear feet) Repairs

REPLACEMENT
ASSET CLASS COST Rehabilitation
Pavement $29.5 Billion
Bridges (includes large bridges and culverts greater than 10 feet) $6.6 Billion
Hydraulic Infrastructure: Highway Culverts $1.7 Billion
Hydraulic Infrastructure: Deep Stormwater Tunnels $300 Million • Collective Replacement
Value $40 Billion
Minnesota State Highway
NHS Interstate
NHS Non-Interstate
Overhead Sign Structures $200 Million Non-NHS
High-Mast Light Tower Structures $19 Million