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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.
One of the many challenges of Transit Asset Management is how to define “state of good repair.” This presentation from the 2nd State of Good Repair workshop (July, 2010) explores the most feasible approaches.
Frequently asked questions about FTA's Transit Asset Management Final Rule
This final rule requires public transportation providers to develop and implement transit asset management (TAM) plans. TAM plans must include an asset inventory, condition assessments of inventoried assets, and a prioritized list of investments to improve the state of good repair of their...
In 2010, FTA initiated a State of Good Repair (SGR) grant program to support reinvestment in bus fleets and bus facilities for both urbanized and rural areas. Re-authorized under the 2015 FAST Act, the SGR Competitive Grants provide funding through a competitive allocation process to states and...
An asset inventory is a register, repository or comprehensive list of an agency’s assets and specific information about those assets. It is intended to provide consistent information across all asset classes to support enterprise-level business processes, including capital programming and...
In 2011, the FTA awarded six one-time grants to public transportation providers to demonstrate effective TAM systems and “best practices”, which could be replicated to improve transportation asset management at the nation's rail and bus public transportation agencies.
Asset Management...
Helping transit agencies maintain bus and rail systems in a State of Good Repair (SGR) is one of FTA’s highest priorities. FTA recommends TAM practices to preserve and expand transit investments. Having well maintained, reliable transit infrastructure – track, signal systems, bridges, tunnels,...
Asset management is about data-driven management, using data and tools that best support an agency’s decision-making processes. An array of IT and modeling tools are available and used in the development and implementation of Transit Asset Management plans.
The summer 2016 edition of TAMNews.