Asset Management Guide for Small Providers: Focusing on the Management of Our Transit Investments
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2016-03-01
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Abstract:The Federal Transit Administration’s 2012 Asset Management Guide focuses on the management of our nation’s transit investments and provides practical guidance for how individual agencies can apply appropriate asset management business processes to maintain their assets. This Asset Management Guide for Small Providers is a supplemental resource for small transit service providers that have fewer assets and fewer asset classes to maintain than larger agencies and substantially fewer resources to direct towards how their assets are managed. It describes what Transit Asset Management (TAM) means for small providers and is designed to assist in developing TAM plans to improve the management of transit assets while meeting the intent of Federal requirements. The Guide limits descriptions to assets, practices, and requirements that are directly applicable to small providers; allows for tailoring to address inevitable outliers (e.g., rural agencies that maintain sizable fleets) and incorporate related state-level requirements that may differ among states; and provides a master template for small providers to develop TAM plans and offers example strategies and tips that can be applied to increase efficiency of day-to-day operations and maintenance efforts.
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