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Transit Asset Management

Background

The Federal Transit Administration (FTA) Transit Asset Management (TAM) Final Rule was published July 26, 2016 in the Federal Register and became effective October 1, 2016. The final rule defines the term state of good repair and establishes minimum Federal requirements for transit asset management. This applies to all recipients of Federal financial assistance under 49 U.S.C. Chapter 53 who own, operate, or manage public transportation capital assets. The TAM rule specifies that an asset is in a state of good repair if it is in a condition sufficient for it to operate at a full level of performance. The rule also provides state of good repair standards.

What is Transit Asset Management?

Transit Asset Management is a business model that uses the condition of assets to guide the optimal prioritization of funding at transit agencies in order to keep our transit networks in a state of good repair. Tier II agencies (100 or fewer vehicles; see FTA's Tier Checklist for details) must participate in a group TAM Plan sponsored by ODOT Rail and Public Transit Division (RPTD). Tier I agencies (101 or more vehicles; see FTA's Tier Checklist for details) must develop and carry out their own TAM Plan.

Group TAM Plan

The Group TAM Plan for Tier II providers in Oregon is now available. We will continue to post TAM tools and helpful asset documents on the TAM web page, so please check back regularly.

Group TAM Plan Accountable Executives

Tier II Group TAM Plan Performance Targets


Resources

FTA TAM Tribal Case Study, January 2019
Kayak Public Transit, a transit service provider for the Confederated Tribes of the Umatilla Indian Reservation (CTUIR) in Oregon, developed an internal maintenance and asset management plan in 2013, which enhanced monitoring and reporting at the agency and improved visibility over asset condition and maintenance activities.

FTA Transit Asset Management Web Page
ODOT TAM - MPO Guidance
Vehicle Life Cycle Costing
OPTIS Entry of Locally Funded Assets Guide
OPTIS Sample Vehicle Load Spreadsheet
Transit Asset Management Whitepaper
Transit Asset Management Rule

Asset Rating Tools

Equipment
Facilities
Vehicles

Contact

Kathy Holmes
Capital Program Coordinator
503-986-3410

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