Report to Congress on Leasing Arrangements

Details

• Corporate Creators:
  United States. Federal Transit Administration. Office of Budget and Policy
• Corporate Contributors:
  United States. Federal Transit Administration. Office of Research, Demonstration, and Innovation
• Subject/TRT Terms:
  • Public transit
  • Asset management
  • Laws and legislation
  • Infrastructure
  • Leasing
  • Transit Asset Management
  • Report to Congress
  • FAST Act
  • Section 3019(c
• Publication/ Report Number:
  FTA Report No. 0110
• DOI:
  https://doi.org/10.21949/1503501
• Resource Type:
  Tech Report
• Geographical Coverage:
  United States
• Corporate Publisher:
  United States. Federal Transit Administration. Office of Research, Demonstration, and Innovation
• Abstract:
  This report responds to the requirements in the Fixing America’s Surface Transportation (FAST) Act (Pub. L. 114-94), Section 3019–In¬novative Procurement, subsection (c) entitled “Leasing Arrangements.” The statute requires the Secretary of Transportation to prepare and make public an annual report that includes the following information from this subsection: 1) inventory of rolling stock and related equipment under grantee lease agreements, 2) detailed description of the new leasing arrangements program activities, and 3) evaluation of the leasing arrangements program, including grantee data, benefit-cost analysis, and comparison of expected short- and long-term maintenance costs. In 2016, the Federal Transit Administration (FTA) began implementing the new requirements under Section 3019(c); all activities completed to date are incorporated in this report. The report also includes FTA’s plan to fully implement all requirements of the leasing arrangements program in 2017. This report is available to the public at https://www.transit.dot.gov/about/research-innovation.
• Format:
  PDF
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/39039/dot_39039_DS1.pdf
• File Type:
  [PDF - 1.13 MB]
• Collection(s):
  Federal Transit Administration
• Main Document Checksum:
  urn:sha256:85ee77732cb2b836e84d6c4a6ef21a820deabcee053faade2702256b62cda77b