Application of a systematic approach to managing highway assets in London is demonstrating principles all roads authorities can apply to make budgets go further. Transport for London's Roads Directorate has developed a method for assessing the relative maintenance needs of different types of asset according to safety, function and whole life cost. The results are helping TfL spend its money more wisely by allowing informed decisions on appropriate split of budget between different types of asset. These are the principles of highway asset management; a subject TfL has had good reason to focus on more sharply in recent times. In 2009, aware of a need to invest in parts of its road network and to spend its funds well, TfL's Roads Directorate set out to answer two questions: how much should be spent on highway assets; and where should funds be invested to get the best outcomes?
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