Transit asset management (TAM) is a model that prioritizes funding based on the condition and maintenance of transit assets, such as vehicles, equipment and/or facilities.
US DOT and FTA Resources
FTA's Overview of the Safety and Transit Asset Management ANPRM, 2013
FTA's State of Good Repair and Transit Asset Management page, with updated technical assistance, documents, and tools.
FTA's TERM-Lite System for asset management
TCRP Report 172: Guidance for Developing a Transit Asset Management Plan provides best practices and a spreadsheet tool for managing asset inventory.
NTI's webinars on transit asset management
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Updated February 6, 2018