| (a) Purpose. Title 49 U.S.C. §5326 authorizes
the Secretary of the U.S. DOT to establish and implement a national
transit asset management system. Recipients and subrecipients must
develop transit asset management plans and report to the Secretary
annually.
(b) Affected agencies. Subrecipients of federal transit
assistance through the department must comply with 49 U.S.C. §5326.
(c) Department role. The department acts as the designated
recipient of multiple Federal Transit Act programs. As the administering
agency the department will:
(1) provide guidance to agencies requesting assistance
with the development of a transit asset management plan;
(2) certify subrecipient compliance with 49 U.S.C. §5326
requirements;
(3) provide the Federal Transit Administration (FTA)
with an annual report that includes at a minimum:
(A) overall condition of transit assets;
(B) changes since the last report;
(C) performance measures; and
(D) progress in meeting performance measure targets.
(d) Subrecipient responsibilities.
(1) Subrecipients shall develop a transit asset management
plan that covers rolling stock, equipment, infrastructure, and facilities
leased or owned by the agency. At a minimum, the plan must include:
(A) capital asset inventories;
(B) condition assessments;
(C) decision support tools; and
(D) investment prioritization.
(2) Subrecipients shall provide the department the
data needed to comply with §31.48(b)(5)(B) of this chapter (relating
to Project Oversight).
(3) After the U.S. DOT Secretary establishes a definition
for the term "state of good repair" (SOGR), agencies must set performance
targets to attain SOGR status. The department will assist subrecipients
to establish performance targets that may vary by the subrecipient's
FTA funding program.
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