Rule/Notice/NOFO: Transit Asset Management
Federal Register/Notice: federalregister.gov
Description: This rulemaking revises FTA’s Transit Asset Management (TAM) regulation to remove the initial TAM Plan implementation deadline, as this deadline has passed. In this action, under Part 625, FTA is removing section 625.31 from the TAM regulation. This section established an implementation deadline for transit providers to complete their initial TAM plan. Pursuant to section 625.31(a), a transit provider’s initial TAM plan must have been completed no later than two years after October 1, 2016. Section 625.31(b) allowed providers to submit to FTA a written request to extend this initial implementation deadline. Given that the deadline passed nearly seven years ago, FTA has determined that this provision is no longer necessary and that it is appropriate for FTA to remove it from the regulation.
APTA Staff Advisor: Taria Barron, tbarron@apta.com