The TRB Committee on Transit Management and Performance has sponsored annual workshops on transit asset management since 2015. That year, the workshop introduced the ISO-55000 standards. Past workshop topics include implementation issues faced by transit agencies in 2016 and agency strategies and data management in 2017. This year’s workshop continues the discussion started at the August 2017 FTA Roundtable. Presented are experiences in data management, gap assessment, and how agencies are navigating those gaps.
FTA staff will provide an update on the key issues that have arisen now that the final rule is in effect and how they are being managed.
Many transit agencies are embracing collaborative efforts in Transit Asset Management to maintain a State of Good Repair and meet new MAP-21 requirements with constrained resources. This presentation focuses on a project in Massachusetts where 11 Regional Transit Authorities organized, pooled funding, and shared resources, requirements, and best practices to implement a publicly-available, open-source platform. The platform helped these agencies to meet the rising challenges in capital planning, reporting, grant management, etc. This presentation explores how the consortium was able to overcome the political and institutional barriers to coordination and how the platform they deployed will meet current and future statewide needs and potentially the needs of other agencies.
This presentation will focus on a discussion of the interrelationships between asset management, financial planning, state-of-good-repair analysis and capital programming, and operating & maintenance cost modeling.
This presentation details efforts to perform an assessment of the transit asset management systems and practices and develop Tier I and Tier II asset management plans for the Connecticut Department of Transportation (ConnDOT). The State of Connecticut has an extensive transit system, with a variety of different agencies providing bus, paratransit and rail service. To support implementation of FTA’s asset management requirements ConnDOT first assessed existing asset management practices, using FTA’s transit asset management gap assessment tool to support the process. The assessment addressed practices of ConnDOT, transit providers under contract to provide transit service to ConnDOT, and subrecipents to ConnDOT for FTA funds. ConnDOT is using the results of the assessment to help develop Tier I and Tier II asset management plans.
This part of the workshop will use an open discussion format among three industry leaders who have chosen to pursue ISO-55000 certification. Their respective journeys began with assessing where they were going and evaluating what they needed to do to get there. This session will be moderated by an industry leader who literally wrote the book on self-assessment. This is certain to be a lively discussion and audience participation is highly encouraged.