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Group Transit Asset Management Plan Georgia Department of TransportationPrepared for: Georgia Department of Transportation One Georgia Center 600 West Peach tree NW Atlanta, Georgia 30308Prepared
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Transit Asset Management (TAM) is a strategic and systematic process of operating, maintaining, upgrading, and acquiring physical assets effectively.
Transit agencies receiving federal funding are required to file Transit Asset Management (TAM) plans.
To fill out a Transit Asset Management (TAM) plan, agencies need to assess the condition of their transit assets, set performance targets, develop strategies for asset management, and report on progress.
The purpose of Transit Asset Management (TAM) is to ensure that transit agencies maintain a state of good repair for their assets and make informed decisions about asset investments.
Transit Asset Management (TAM) plans require agencies to report on asset inventory, condition assessments, performance measures, lifecycle costs, risk management strategies, and investment priorities.
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