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Asset Management

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TAMNews - March 2021

This issue of TAMNews announces the date for the 2021 TAM Roundtable along with the updated NTD Narrative Report Example Format.

Transit Asset Management

Managing Transit Assets

The primary purpose of the FTA’s Transit Asset Management (TAM) program is to help achieve and maintain a State of Good Repair (SGR) for the nation’s public transportation assets. FTA recommends TAM practices to preserve and expand transit investments, helping to ensure that operations are safe and dependable. 

Performance Management

The TAM Final Rule and recent changes to the National Transit Database (NTD) reporting requirements will require transit agencies to submit asset inventory, condition assessments, performance targets, and a narrative report to the NTD annually in addition to developing a Transit Asset...

NTD Narrative Report Example Format

In report year 2019, agencies began providing an annual narrative report to NTD describing changes to asset condition from the previous year and detailing progress to meet performance targets set in the previous year. While there is no specific format requirement, this resource provides an ...