Managing Transit Assets
Public transportation provides millions of Americans with daily access to jobs, schools, grocery stores, and hospitals. However in 2015, U.S. DOT found that an estimated 40 percent of buses and 23 percent of rail transit assets were listed in marginal or poor condition, with a backlog of $90 billion in deferred maintenance and replacement. (See the U.S. DOT 2015 Conditions & Performance Report). The transit backlog continues to grow, which impacts safety and affects the ability of transit systems to serve their customers.
This website is a go-to resource for all your Transit Asset Management needs.
Transit Asset Management (TAM) is a business model that prioritizes funding based on the condition of transit assets, in order to achieve or maintain transit networks in a state of good repair (SGR). In July 2016, FTA issued a final rule requiring transit agencies to maintain—and document—minimum TAM standards. The new standards will help transit agencies keep their systems operating smoothly and efficiently.
Most Requested Documents
- Transit Asset Management Guide (Report 0098)
- TAM Maturity Agency Self-Assessment Tool
- Prioritizing the Rehabilitation and Replacement of Existing Capital Assets and Evaluating the Implications for Transit
- Asset Management Guide for Small Providers (Report 0092)
- Asset Management Guide for Small Providers (Report 0092): TAM Plan Template
- 2015 Conditions and Performance Report
To keep up to date on information related to the TAM rulemaking and implementation, subscribe to TAMNews on FTA's email updates page.