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.
Transit agencies are defined in the federal regulations as either Tier I or Tier II agencies. These agency types are based upon the number of vehicles owned, operated, and managed by a respective transit agency:
- Tier I agencies own/operate/manage > 100 vehicles during peak service
- Tier II agencies own/operate/manage ≤ 100 vehicles during peak service
A Tier I agency is responsible for setting its own transit targets, whereas Tier II agencies can set their own transit targets or defer to group sponsors (typically State DOTs) to set the targets. Currently, there are no Tier I transit agencies within the GCLMPO. Tier II agencies include Gastonia Transit, Gaston County ACCESS, Transportation Lincoln County, and the Transportation Administration of Cleveland County. All Tier II agencies have elected to participate in NCDOT’s Group TAM Plan and have agreed to support NCDOT targets.
Performance Measures & Targets
The targets shown in the table below have been established as part of the NCDOT TAM Plan and were adopted by the GCLMPO Board on May 23, 2019.
|ASSET CATEGORY – PERFORMANCE MEASURE||ASSET CLASS||USEFUL LIFE BENCHMARK||2019 TARGET|
|Age – % of revenue vehicles within a particular asset class that have met or exceeded their Useful Life Benchmark (ULB)||AO – Automobile||8||20%|
|BU – Bus||14||20%|
|CU – Cutaway Bus||10||20%|
|MB – Mini-bus||10||20%|
|MV – Mini-van||8||20%|
|SV – Sport Utility Vehicle||8||20%|
|VN – Van||8||20%|
|Age – % of vehicles that have met or exceeded their Useful Life Benchmark (ULB)||Non Revenue/Service Automobile||8||20%|
|Steel Wheel Vehicles||8||20%|
|Trucks and other Rubber Tire Vehicles||8||20%|
|Maintenance Equipment||Agency Determined||20%|
|Computer Software||Agency Determined||20%|
|Custom 1||Agency Determined||20%|
|Condition – % of facilities with a condition rating below 3.0 on the FTA Transit Economic Requirements Model (TERM) Scale||Administration||N/A||20%|
Transit operators must update their TAM targets annually. MPOs are encouraged to update their TAM targets when they update their TIP or MTP.
All transit providers that are recipients or subrecipients of Federal financial assistance under 49 U.S.C. Chapter 53 and own, operate, or manage transit capital assets used in the provision of public transportation are required to develop a TAM plan. The plan must be updated in its entirety at least every four years, and it must cover a horizon period of at least four years.
Tier I transit providers are required to develop and carry out their own TAM plans. As stated, the GCLMPO does not have a Tier I transit agency. Tier II providers may develop their own plans or participate in a group TAM plan (compiled by a Group Plan Sponsor – typically the State DOT). The North Carolina Department of Transportation/ Public Tranpsortation Division (NCDOT/ PTD) prepared a Group TAM (Transit Asset Management ) plan for all community transportation systems and small urban systems opting to be included in the plan. All four transit agencies within the GCLMPO area participated in the NCDOT Group TAM Plan: Gastonia Transit, Gaston ACCESS, Transportation Administration of Cleveland County (TACC) and Transportation Lincoln County (TLC).
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.
GCLMPO reported its TAM targets to NCDOT in the form of a resolution.
Accountability & Transparency