                                 CODE OF VIRGINIA

ASSET MANAGEMENT PRACTICES; REPORT (§ 33.2-352)

A. The Department shall develop asset management practices in the operation and
maintenance of the systems of state highways. Such practices shall include a
transparent methodology for the allocation of funds from the Highway Maintenance
and Operating Fund established pursuant to &#xA7; 33.2-1530 to highway systems
maintenance and operations programs, including the allocations among the highway
construction districts and among the Interstate System and primary and secondary
state highway systems.

B. The Commissioner of Highways shall advise the Board on or before June 30 of
even-numbered years of performance targets and outcomes that are expected to be
achieved, based on the funding identified for maintenance, over the biennium
beginning July 1 of that year. In addition, not later than September 30 of
even-numbered years, the Commissioner of Highways shall advise the Board on the
Department&#8217;s accomplishments relative to the expected outcomes and budget
expenditures for the biennium ending June 30 of that year and also advise the
Board as to the methodology used to determine maintenance needs and the
justification as to the maintenance funding by source.

HISTORY: 1985, c. 42, § 33.1-23.02; 2002, cc. 302, 570; 2006, Sp. Sess. I, c.
9; 2014, c. 805; 2015, c. 684.