Transit Asset Management: Additonal Research on Capital Investment Effects Could Help Transit Agencies Optimize Funding

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By David J. Wise (au)
Year: 2013
Pages: 59
Binding Paperback
ISBN 978-1-4578-4749-3

Product Code: 1457847493

Description

Many of the nearly 700 public transit agencies in the United States struggle to maintain their bus and rail assets in good repair. Assets that are not in an acceptable condition and not rehabilitated or replaced can reduce safety, on-time service, and ridership. Asset management practices can help agencies prioritize their capital investments to help optimize limited funding. This report examines (1)the extent to which selected transit agencies follow leading asset management practices to prioritize capital investments, and challenges in using these practices; (2) the extent to which these agencies measure the effects of capital investments; and (3) Federal Transit Administration (FTA) initiatives to support transit agenciesäó» use of leading practices. Tables and figures. This is a print on demand report.

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