June 6-7, 2018
FTA hosted a Transit Asset Management (TAM) peer exchange on June 6-7, 2018 in Chicago, IL. The purpose of the peer exchange was to bring together three transit agencies from around the country to discuss their draft TAM plans, one of the central requirements of TAM Rule. The group was composed of finance, executive, and maintenance practitioners representing the following three organizations:
- Chatham Area Transit (CAT), a Tier II agency based in Savannah, Georgia
- San Joaquin Regional Transit District (SJRTD), a Tier II agency based in Stockton, California
- Spokane Transit Authority (STA), a small Tier I bus-only agency based in Spokane, Washington
The peer exchange was designed to facilitate both a self-assessment and peer review of each agency’s draft TAM plan. Agencies contributed draft plans that were nearly complete; the timing of the event ensured that participants would have an opportunity to ask questions, clarify requirements, and incorporate feedback and revisions prior to FTA’s October 2018 completion deadline.