BEFORE PURCHASING ANY REAL PROPERTY PLEASE REVIEW THE NEW GUIDELINES SET FORTH. FAILURE TO FOLLOW NEW RULES MAY RESULT IN LOSS OF FUNDING.
How Do I
Buy a vehicle
There are several requirements for buying vehicles with federal funds. By using the state price agreement, we meet many of those requirements for you.
Learn more about buying a vehicle with funds from the Oregon Department of Transportation
Sell a vehicle
Selling a vehicle requires a specific disposal process.
Learn more about selling a vehicle purchased with funds from ODOT
Buy another type of capital asset
Capital assets are tangible items with a purchase price of $5,000 or more and a useful life of at least one year.
Learn about purchasing non-vehicle capital assets with funds from ODOT
Maintain an asset
The Federal Transit Administration requires ODOT to maintain continuous control of the capital assets purchased with federal funds.
Learn more about maintenance requirements
Learn about electric buses
The ODOT Public Transit Section's electric bus page can help you understand why and how to electrify your transit fleet.
Learn more about electric buses
Comply with the Transit Asset Management Rule
The federal Transit Asset Management Final Rule, effective October 1, 2016, defines the term
state of good repair and establishes minimum 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.
Learn more about how the Transit Asset Management rule will impact your agency.
Transit Asset Management Rule Information
Transit Asset Management Page