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Transit Assets

Overview

Transit Assets

Transit Asset Management (TAM) is a key component of the federal performance-based planning process. FTA published the TAM Final Rule on July 26, 2016 (effective date of October 1, 2016) to define the term state of good repair and to establish minimum Federal requirements for transit asset management that apply to all recipients and subrecipients of chapter 53 funds that own, operate, or manage public transportation capital assets. The TAM Final Rule divides providers into two categories based on size of fleet: Tier I and Tier II. In the CRTPO Planning Area, CATS is a Tier I agency and ICATS and Union County Transit are Tier II agencies. The distinctions in requirements for Tier I and Tier II agencies are detailed in the sections below.

Performance Measures & Targets

The TAM performance measures in the tables below were established as part of the TAM Final Rule. Transit operators who are recipients or subrecipients of chapter 53 funds are required to submit TAM targets to the National Transit Database (NTD) annually. CATS adopted the current TAM targets in May 2020. NCDOT, on behalf of the Tier II agencies in the state, adopted the current TAM targets in April 2020.

Please note: TAM targets are updated annually by CATS and NCDOT on the behalf of the Tier II agencies.

CATS TAM Targets

Asset Category: Rolling Stock

Vehicle ClassTypeFleet SizeUseful Life Benchmark (ULB)FY19
Target
(% Exceeding ULB)
FY19 Performance
(% Exceeding ULB)
FY19 DifferenceFY20 Target
(% Exceeding ULB)
BROver-the-road Bus9614 years45%45.00%0%65%
BUBus20412 years23%30.30%-7.30%10%
CUCutaway Bus855 years0%0%-1.19%11%
LRLight Rail4230 years0%0%0%0%
MVMini-van258 years20%42.86%-22.86%92%
SRStreetcar330 years0%0%0%0%
VNVan215 years20%36.51%-16.51%45%
Asset Category: Rolling Stock Table

Asset Category: Equipment

Vehicle ClassTypeFleet SizeUseful Life Benchmark (ULB)FY19
Target
(% Exceeding ULB)
FY19 Performance
(% Exceeding ULB)
FY19 DifferenceFY20 Target
(% Exceeding ULB)
AOAutomobile
(non-revenue)
188 years50%92.86%-42.86%83%
AOTrucks and Other Rubber Tire Vehicles23114 years50%21.49%28.51%5%
AOSteel Wheel Vehicles125 years50%0%50%50%
Asset Category: Equipment table

Asset Category: Facilities

Facility Type# of FacilitiesTerm Rating: BenchmarkFY19
Target
(% Exceeding ULB)
FY19 Performance
(% Exceeding ULB)
FY19 DifferenceFY20 Target
(% Exceeding TERM)
Administrative and Maintenance153.00%0%0%0%
Passenger and Parking553.03%0%3%3%
Asset Category: Facilities table

Asset Category: Infrastructure

Infrastructure Type# of MilesAvg. Restriction: BenchmarkFY19
Target
(% Track W/Restrict)
FY19 Performance
(% Track W/Restrict)
FY19 DifferenceFY20 Target
(% Track W/ Restrict)
LRLight Rail37.49N/A0%8%8%8%
SRStreetcar Rail2.8N/A0%0%1%N/A
Asset Category: Infrastructure table

*Targets established by CATS in 2020.

NCDOT TAM Targets

Asset Category: Revenue Vehicles

Performance Measure: Age – % of revenue vehicles within a particular asset class that have met or exceeded their ULB

Asset ClassUseful Life Benchmark (ULB)2020 Target2021 Target
AO – Automobile820%20%
BU – Bus1420%20%
CU – Cutaway Bus1020%20%
MB – Mini-bus1020%20%
MV – Mini-van820%20%
SV – Sport Utility Vehicle820%20%
VN – Van820%20%
Other820%20%
Asset Category: Revenue Vehicles Table

Asset Category: Equipment

Performance Measure: Age – % of vehicles that have met or exceeded their ULB

Asset ClassUseful Life Benchmark (ULB)2020 Target2021 Target
Non-Revenue /
Service Automobile
820%20%
Steel Wheel Vehicles820%20%
Trucks and Other Rubber Tire Vehicles820%20%
Maintenance EquipmentAgency Determined20%20%
Computer SoftwareAgency Determined20%20%
Custom 3Agency Determined20%20%
Asset Category: Equipment Table

Asset Category: Facilities

Performance Measure: Condition – % of facilities with a condition rating below 3.0 on the FTA Transit Economic Requirements Model (TERM) Scale

Asset ClassUseful Life Benchmark (ULB)2020 Target2021 Target
AdministrativeN/A20%20%
MaintenanceN/A20%20%
Parking StructuresN/A20%20%
Passenger FacilitiesN/A20%20%
ShelterN/A20%20%
StorageN/A20%20%
Custom 3N/AN/AN/A
Asset Category: Facilities Table

*Targets established by NCDOT in 2020.

Transit operators must update their TAM targets annually.  MPOs are encouraged to update their TAM targets when they update their TIP or MTP.

Plans

As part of the TAM Final Rule, every agency that owns, operates, or manages capital assets used to provide public transportation and receives federal financial assistance under 49 U.S.C. Chapter 53 as a recipient or subrecipient must develop a TAM Plan. The TAM Final Rule required initial TAM plans to be developed by October 1, 2018. A TAM Plan update is required at least every four years but the plan can be amended at any time.

Tier I agencies must develop their own TAM plan and comply with all nine elements defined in the TAM Final Rule. Tier II agencies may develop their own plans or participate in a group TAM plan, which is compiled by a group TAM plan sponsor (generally the State DOT). Tier II agencies are responsible for only the first four plan elements (as outlined in the TAM Final Rule).

CATS developed its TAM plan in October 2018. NCDOT completed its group TAM plan on behalf of the Tier II agencies in October 2018. Both agencies are required to update these plans by October 2022.
 

Reporting

Transit operators do not submit their TAM plans to FTA, although they must be available for review and ongoing oversight. Transit operators are required to share their TAM plans with State DOT and MPO planning partners.

Transit operators are required to report annually to FTA’s NTD based on their system’s fiscal year end:

  • January 1st – June 30th: Report by last business day of October
  • July 1st – September 30th: Report by last business day of January
  • October 1st – December 31st: Report by last business day of April

Submissions must include asset inventory data, condition assessments and performance results, projected targets for the next fiscal year, and a narrative report on changes in transit system conditions and the progress toward achieving previous performance targets.

CRTPO reported its TAM targets to NCDOT and CATS in the form of a resolution.

Accountability & Transparency

In progress
 

Additional Resources