Strategic Asset Management - CamTran Transit Asset Management Plan Update

The FTA Final Rule on Asset Management, issued in July 2016, mandates that all transit agencies keep their assets in good condition and create a Transit Asset Management Plan (TAMP) every four years. For Tier-1 agencies, the TAMP must follow nine specific elements set by the FTA.

JMT revised the original TAMP for the Cambria County Transit Authority (CamTran). This revision included developing an asset management strategy, goals, and objectives, improving how performance targets are set, defining roles and responsibilities, optimizing the method for asset investment, and creating actions to enhance the program's maturity.

These updates improved the analysis of funding needs for maintaining assets, performance monitoring, and planning new projects to advance the agency. The revised TAMP now aligns with the nine elements required for Tier-1 agencies, ensuring compliance. Specific updates include enhancements to strategic goals, an updated asset register, improved performance measures and target setting, and recommended initiatives for the next four-year cycle.