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Summary for the Transit Asset Management Guide


This report summary describes Transit Asset Management Guide (FTA Report No. 0098), with the objectives to explain what transit asset management is and the business benefits to an agency; provide an enterprise asset management framework and business model that agencies can refer to as best practice; describe the elements of a transit asset management plan; detail, for each major asset class, the major enabling components of asset management—inventory, condition assessment, performance analysis and modeling, risk management, and lifecycle cost management; and guide organizations through the migration from their current baseline to high-performance asset management.

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