Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 49 - Transportation |
Subtitle B - Other Regulations Relating to Transportation |
Chapter VI - Federal Transit Administration, Department of Transportation |
Part 625 - Transit Asset Management |
Subpart B - National Transit Asset Management System |
§ 625.15 - Elements of the National Transit Asset Management System.
Latest version.
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§ 625.15 Elements of the National Transit Asset Management System.
The National TAM System includes the following elements:
(a) The definition of state of good repair, which includes objective standards for measuring the condition of capital assets, in accordance with subpart D of this part;
(b) Performance measures for capital assets and a requirement that a provider and a group TAM plan sponsor establish performance targets for improving the condition of capital assets, in accordance with subpart D of this part;
(c) A requirement that a provider develop and carry out a TAM plan, in accordance with subpart C of this part,
(d) Reporting requirements in accordance with subpart E of this part; and
(e) Analytical processes and decision support tools developed or recommended by FTA.