A financial term which is how an organization records assets in its accounting records. It is calculated as the original cost of an asset minus any accumulated depreciation, depletion, amortization, and impairment.
NAICS | North American Industry Classification System
Standard used by Federal agencies in classifying business establishments to collect, analyze, and publish statistical data related to the economy. By way of example, RoadSafe’s NAICS code puts us into a road construction industry and some subsets. Insurers may rely on this information in setting premiums.
MUTCD | Manual on Uniform Traffic Control Devices
The MUTCD is administered by the FHWA and sets the minimum standard, provides guidance, and ensures uniformity of traffic control devices across the nation. The MUTCD provides guidance on such things as proper set up of the protection of work zones, standards for messages, locations, sizes, shapes, and colors of devices, standard definitions, and is used by state and local …
MPT | Maintenance and Protection of Traffic
A regional term for MOT.
MOT | Maintenance of Traffic
MOT can have a few different meanings depending upon the region or state where the work is being completed. In some areas, it will mean conducting the actual maintenance of traffic by providing temporary traffic control and performing maintenance or checkups of the entire work zone setup. In other areas, it can simply mean the provision of any Temporary Traffic …
MB | Message Board
An electronic traffic control device that provides written messages to motorists. It comprises of a vertical display panel that is programmed with preset messages. MB are typically set on the shoulders of the road.
LTIR | Lost Time Incident Rate
LTIR is an OSHA standard measurement that tracks the number of incidents that result in time away from work.
LTD | Long Term Disability
A benefit provided to eligible RoadSafe employees for long term disability
LT | Light Tower
Portable trailers that have a mast with lighting attached and are generally self-sufficient for power. These may be included as a bid item or be rented by our customers.
LOA | Leave of Absence
An employee may have a status during such time that they are taking an authorized or permitted leave of absence from their duties.
