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Asset Management

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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

Public transportation provides millions of Americans with daily access to jobs, schools, health care and essential services. Through research done to inform its 24th edition of the Conditions and Performance Report, U.S. DOT has found that as of 2016, an estimated 21 percent of buses and 10 percent of rail transit assets are in marginal or poor condition, with a backlog of $105.1 billion in deferred maintenance and replacement.

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 ...

TAMNews - December 2020

This issue of TAMNews announces the release of NTD data products and provides a year in review of TAM resources and publications from 2020.