This final rule requires public transportation providers to develop and implement transit asset management (TAM) plans. TAM plans must include an asset inventory, condition assessments of inventoried assets, and a prioritized list of investments to improve the state of good repair of their capital assets.

NOTE: FTA’s Acting Administrator signed this final regulation on July 12, 2016, and FTA has submitted it for publication in the Federal Register. While we are making this document available prior to publication in the Federal Register, it is not the official version of this final regulation. In the event of any differences between this version of the regulation and the official version published in the Federal Register, the official version controls. Please refer to the official version of the regulation in a forthcoming Federal Register publication or on GPO’s website.