VMS, Inc. of Richmond, VA, USA, entered into a 5 ½ year lump sum contract with the Virginia Department of Transportation (VDOT) on December 19, 1996 to perform Highway Asset Management services on approximately 2,000 lane km (1,250 lane miles) of interstate highway. The Asset Management contract was developed on the basis of performance criteria whereby all of the roadway features are maintained to a set of pre-established outcomes. These presentation notes cover the performance and outcomes, asset management and project deliverables, the contracting process, contractor outreach activities, and provides a summary of accomplishments and lessons learned.
Privatized Highway Asset Management – Management of Subcontract Maintenance