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United States Department of Transportation United States Department of Transportation

transit asset management; transit; rulemaking

Federal Transit Administration Announces Final Rule Requiring Transit Agencies to Manage, Prioritize Capital Assets

WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced a final rule requiring FTA grantees to develop management plans for their public transportation assets, including vehicles, facilities, equipment, and other infrastructure. Transit asset management (TAM) is an essential practice for providing safer, more reliable transit service nationwide, while helping lower operating costs.

Proposed Facility Condition Assessment Guidebook

This proposed Transit Asset Management guidebook, which details the methods for transit agencies in measuring and reporting conditions of administrative, maintenance, and passenger facilities to the National Transit Database (NTD), was released for 60-day public comment on July 26, 2016.