ALDOT TRANSIT ASSET MANAGEMENT PLAN (TAM) · “Transit Asset Management (TAM) is a business model...
Transcript of ALDOT TRANSIT ASSET MANAGEMENT PLAN (TAM) · “Transit Asset Management (TAM) is a business model...
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ALDOT TRANSIT ASSET MANAGEMENT PLAN
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What is Transit Asset Management?
“Transit Asset Management (TAM) is a business model that uses the condition of assets to guide the optimal prioritization of funding at transit properties
in order to keep our transit networks in a State of Good Repair (SGR).”
Source: FTA Transit Asset Management Workshop on September 14, 2016
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Benefits of TAM
• Improved transparency and accountability
• Optimized capital investment and maintenance decisions
• More data-driven maintenance decisions
• Potential safety benefits
Source: FTA Transit Asset Management Workshop on September 14, 2016
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FTA Final Rule
• Federal Transit Administration (FTA) issued a final rule on Transit Asset Management effective October 1, 2016 (49 CFR Part 625).
• The rule requires public transportation providers to develop and implement TAM Plans.
• Plans must include: • Asset inventory • Condition assessments of inventoried assets • Decision support tools • Prioritized list of investments to improve the state of
good repair of capital assets
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Who is Affected?
The TAM rule requires every transit provider that receives federal financial assistance under 49 U.S.C.
Chapter 53 to develop a TAM Plan or be part of a group TAM Plan prepared by a sponsor.
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ALDOT Group Plan
• Sponsor: ALDOT (Tier II Provider)
• Participants: Recipients and subrecipients of Chapter 53 funds for public transportation • 5307 • 5311 • 5339
• Performance Targets • Initial targets due January 1, 2017 • Updated annually
• TAM Plan Compliance • Initial plan due October 1, 2018 • Updated every 4 years
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ALDOT Group Plan
• Accountable Executive • IS NOT the Sponsor for group participants
• IS someone designated by each transit provider to be responsible for approving the group TAM Plan
• Does not need to be a new position
• Must collaborate with the Sponsor to develop the group plan
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TAM Plan Process
• Performance Target Setting
• Asset Inventory and Condition Assessment • Inventory of assets and data • Analysis of asset conditions and performance
• Asset Investment Analysis • Identification of asset investment scenarios • Prioritization of investments
• Transit Asset Management Plan Development • Development of funding levels and constraints • Selection of specific projects • Preparation of evaluation plan
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Source: FTA Group TAM Plan Sponsor Workbook, January 2018
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Asset Categories
Source: FTA Group TAM Plan Sponsor Workbook, January 2018
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ALDOT Initial Performance Targets
• Rolling Stock (revenue vehicles) • Examples
• Minivans
• 15 Passenger Vans
• Performance Measures • Age: % of revenue vehicles within a particular asset class that
have met or exceeded their Useful Life Benchmark
• Performance Targets • Vans: Reduce by 10% of current active inventory
• Cutaway Buses: Reduce by 10% of current active inventory
• Body-on-Chassis: Reduce by 10% of current active inventory
• Full Size Buses: Reduce by 10% of current active inventory
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ALDOT Initial Performance Targets
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ALDOT Initial Performance Targets
• Equipment (non-revenue vehicles) • Examples
• Support vehicles (i.e. tow trucks, etc.)
• Performance Measures • Age: % of vehicles that have met or exceeded their Useful Life
Benchmark
• Performance Targets • Overall reduce the current inventory by 10%
• Comments • Definition: Nonexpendable, tangible property having a useful
life of at least one year
• Only FTA purchased equipment over $50,000
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ALDOT Initial Performance Targets
• Facilities • Examples
• Maintenance facilities
• Parking lots
• Performance Measures • Conditions: % of facilities with a condition rating below 3.0 on a
FTA Transit Economic Requirements Model (TERM) Scale
• Performance Targets • No more than 20% of FTA funded facilities with a condition
rating below 3.0 (Good)
• Comments • Only FTA funded facilities
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ALDOT TAM Plan - Progress to Date
• Assembled capital asset inventory
• Established available data resources
• Defined data collection protocols and reporting schedule (ongoing)
• Analyzed current asset conditions and performance (ongoing)
• Identified project replacement impacts
• Calculated vehicle replacement costs
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ALDOT TAM Plan – Remaining Tasks
• Develop asset deterioration models
• Prepare an asset lifecycle policy
• Define asset investment scenarios
• Specify prioritization approach
• Develop funding assumptions for investments
• Select preferred investment scenario
• Identify funding levels and constraints
• Select specific projects
• Compile information into TAM Plan
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TAM Plan Reporting
• Group Plan Sponsor submits a consolidated report on behalf of their participants • Initial report due October 1, 2018
• Updated report due every 4 years
• Data Reports • Projected performance targets for next fiscal year
• System condition and performance reports
• Narrative Reports • Documentation of changes in condition
• Progress toward targets
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TAM Plan Coordination
• Contact Accountable Executives to obtain required information
• Conduct workshops to review TAM Plan with participating agencies
• Coordinate with MPOs to incorporate the TAM Plan into the MTP and TIP processes
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MPO Responsibilities
• Collect TAM Plans from Group Sponsor and/or transit providers and share with appropriate organizations
• Set MPO’s initial performance targets and submit to ALDOT (within 180 days of receiving initial transit targets)
• Coordinate with transit providers to implement a performance based process that prioritizes investments that meet regional performance targets for State of Good Repair
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MPO Responsibilities
• Identify one region-wide SGR performance target for each asset type for all transit providers in the region
• Integrate performance based planning into the Metropolitan Transportation Plan (MTP) and the Transportation Improvement Program (TIP)
• Measure regional progress toward achieving targets
• Report how implementation of the TIP is anticipated to make progress toward achieving targets during planning certification review
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MPO Responsibilities
• Communicate with Accountable Executives of member agencies and serve as a link between them and ALDOT
• Assist member agencies with ongoing data collection and reporting
• Provide investment prioritization and implementation guidance for member agencies
• Update targets when MTP and/or TIP are updated
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References
• Final Rule for TAM https://www.gpo.gov/fdsys/pkg/FR-2016-07-26/pdf/2016-16883.pdf
• Transit Asset Management General Information https://www.transit.dot.gov/TAM/
• MPO Responsibilities for the TAM Rule FAQs https://www.transit.dot.gov/regulations-and-guidance/transportation-planning/metropolitan-planning-organization-responsibilities
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Questions?