The Federal Transit Administration (FTA) defines Transit Asset Management (TAM) as a business model that uses the condition of assets to guide the optimal prioritization of funding of transit priorities in order to keep the transit network in a State of Good Repair. The purpose of TAM is to help achieve and maintain a State of Good Repair for the nation’s public transportation assets. TAM regulations apply to all transit providers that are recipients or sub-recipients of federal assistance under 49 U.S.C. Chapter 53 that own, operate or manage transit capital assets used in the provision of public transportation.
The City of Jackson, which operates JATRAN, is responsible for developing a TAM Plan and establishing TAM targets as the designated public transit provider in the Jackson MPO planning area. The MPO must establish TAM targets specific to the MPO planning area within 180 days of the transit provider establishing its TAM targets.
Rolling Stock: Percentage of revenue vehicles (by type) that exceed the useful life benchmark.
Equipment: Percentage of non-revenue service vehicles (by type) that exceed the useful life benchmark.
Facilities: Percentage of facilities (by group) that are rated less than 3.0 on the Transit Economic Requirement Model (TERM) Scale.
Infrastructure: Percentage of track segments (by mode) that have performance restrictions. This measure does not apply to the Jackson MPO area.
TAM Plan and Targets
TAM Plans must be updated in its entirely at least every 4 years, and must cover a horizon period of at least 4 years. An initial TAM Plan must be completed by October 1, 2018. TAM targets should be set annually by each transit provider for the coming year beginning January 1, 2017.
|Asset Category||Assets||Current Condition||JATRAN 2019 Target|
|BU – Buses 36||21 buses exceeds default Useful Life Benchmark (ULB)||No more than 58% of bus fleet exceeds ULB|
|CU – Cutaway Buses 23||12 cutaways exceed default ULB||No more than 52% of cutaway bus fleet exceed ULB|
|MV – Minivans 2||2 minivans exceed default ULB||100% of minivan fleet exceeds ULB|
|Truck 1||1 truck exceeds default ULB||100% of truck fleet exceeds ULB|
|SUV 1||0 SUV exceeds default ULB||No more than 0% of SUV fleet exceeds ULB|
|Car 2||2 cars exceed default ULB||100% of car fleet exceeds ULB|
|Facilities||Administration Buildings 2||1 rated 4 on TERM scale: in Good Condition, but no longer new; 1 rated 1 on TERM scale: critically damaged and in need of immediate repair||No more than 50% rated below a 3.0 on the FTA TERM Scale|
|Maintenance 1||1 in Good Condition, but no longer new||0% rated below a 3.0 on the FTA TERM Scale|
|Service Building 1||1 in Good Condition, but no longer new||0% r ated below a 3.0 on the FTA TERM Scale|
|Passenger Facility 1||1 in Good Condition, not no longer new||0% rated below a 3.0 on the FTA TERM Scale|
Transit Asset Management Targets
|Asset Category||Performance Measure||Asset||MPO 2019 – 2022 Target|
|Rolling Stock||Age – % of revenue vehicles within a particular asset class that have met or exceeded their Useful Life Benchmark (ULB)||Buses||No more than 50%|
|Cutaway Buses||No more than 50%|
|Minivans||No more than 50%|
|Equipment||Age – % of non-revenue vehicles that have met or exceeded their Useful Life Benchmark (ULB)||Trucks||No more than 50%|
|SUV||No more than 50%|
|Cars||No more than 50%|
|Facilities||Condition – % of facilities with a condition rating below 3.0 on the FTA TERM Scale.||Administration||50% rated below 3.0|
|Maintenance||0% rated below 3.0|
|Service||0% rated below 3.0|
|Passenger||0% rated below 3.0|