What is TERM Lite?

TERM Lite is an analysis tool designed to help transit agencies assess their:

• State of Good Repair (SGR) backlog (total dollar value and by asset type)
• Level of annual investment to attain SGR or other investment objective
• Impact of variations in funding on future asset conditions and reinvestment needs
• Investment priorities - by mode and asset type

Download the TERM Lite package:

• TERM Lite Tool v2.4
• TERM Lite Overview
• TERM Lite User Guide
• TERM Lite Inventory Publisher

TERM Federal

• TERM Federal Technical Overview
• TERM Federal User Guide
• Transit State of Good Repair National Backlog Analysis

How Can TERM Lite Help Me?

Function: SGR Monitoring

• Question Addressed: Where are we today?
• Term Output:
  • Current SGR backlog
  • Asset conditions

Function: SGR Management (“What if” Analysis)

• Question Addressed: Where can we be tomorrow?
• Term Output:
  • Is backlog increasing or decreasing?
  • What level of investment is required to attain SGR in 10 years? …in 20 years?

Function: Long-Term Capital Plan Support

• Question Addressed: How should we prioritize limited investment dollars?
• Term Output:
  • Multi-criteria prioritization rankings
  • Long term SGR plan

What do I Need to Run TERM Lite?

Your agency will require:

• An inventory of your capital assets (you can download an Excel based "Inventory Publisher" to transfer inventory data to TERM Lite).
• MS Access 2007 or higher.

For helpful hints on running TERM Lite, please refer to the Quick Start User's Guide.

TERM Lite v2.4 and Inventory Publisher v4 Release Notes

• Updated default asset costs and replacement lives to better align with TERM Federal values.
• Added asset types: inclined plane vehicles, aerial tramways, cutaways, and non-revenue steel wheeled vehicles.
• Updated the inflation table.
• Clarified data validation messages that pop up when the user edits the scenario inventory in TERM Lite.
• Improved messaging that pops up when the user runs a scenario.
• Added new investment action labels for TERM Lite’s output tables to distinguish “None – Not Needed” from “None – Insufficient Funds” when no investment was made to a given asset (previously was just “None”).
• Updated PDF reports to improve report name clarity, print friendliness, and formatting consistency.
• Added PDF export functionality to multi-select and allow bulk export of PDF reports (previously could only export one at a time).
• Added new Excel worksheets with (1) scenario settings and (2) the asset inventory.
• Made minor bug fixes.

User Feedback

FTA is interested in obtaining user feedback on problems and suggested improvements for TERM Lite. We are also interested in working actively with a limited number of transit operators and regional funding agencies to identify, prioritize and develop improvements to TERM Lite. FTA can provide limited support to help you trouble shoot problems with TERM Lite or to respond to your questions. Furthermore, FTA can provide support to assist you migrate data between versions of TERM Lite.

FTA does not endorse the use of any particular software.