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GAO-16-847R 1 (2016-08-12)

handle is hein.gao/gaobadsmt0001 and id is 1 raw text is: G A U.S. GOVERNMENT ACCOUNTABILITY OFFICE 441 G St. N.W. Washington, DC 20548 B-328326 August 12, 2016 The Honorable John Thune Chairman The Honorable Bill Nelson Ranking Member Committee on Commerce, Science, and Transportation United States Senate The Honorable Bill Shuster Chairman The Honorable Peter A. DeFazio Ranking Member Committee on Transportation and Infrastructure House of Representatives Subject: Department of Transportation, Federal Transit Administration: Transit Asset Management; National Transit Database Pursuant to section 801 (a)(2)(A) of title 5, United States Code, this is our report on a major rule promulgated by the Department of Transportation, Federal Transit Administration (FTA) entitled Transit Asset Management, National Transit Database (RIN: 2132-AB07). We received the rule on July 29, 2016. It was published in the Federal Register as a final rule on July 26, 2016. 81 Fed. Reg. 48,890. The final rule defines the term state of good repair (SGR) and establishes minimum federal requirements for transit asset management that will apply to all recipients and subrecipients of chapter 53 funds that own, operate, or manage public transportation capital assets. This final rule requires public transportation providers to develop and implement out transit asset management (TAM) plans. TAM plans must include an asset inventory, condition assessments of inventoried assets, and a prioritized list of investments to improve the state of good repair of their capital assets. This final rule also establishes SGR standards and four SGR performance measures. Under the final rule, transit providers are required to set performance targets for their capital assets based on the SGR measures and report their targets, as well as information related to the condition of their capital assets, to the National Transit Database. Enclosed is our assessment of FTA's compliance with the procedural steps required by section 801 (a)(1)(B)(i) through (iv) of title 5 with respect to the rule. Our review of the procedural steps taken indicates that FTA complied with the applicable requirements. GAO-16-847R

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