Subjects addressed:Inventory and Condition Assessment, Life Cycle Costing/Economic Analysis, Maintenance and Preservation, Performance Measurement and Management, Resource Allocation and Program Development
Topics addressed:Analytical Tools and Models, Asset Management Plans, Management Information Systems
Asset types addressed:Buildings, Other Assets, Other Modes, Transit
DetailTitle: State of Good Repair: Prioritizing the Rehabilitation and Replacement of Existing Capital Assets and Evaluating the Implications for Transit
Resource type: Research ReportTool
Year published: 2012
Publisher: Transportation Research Board
This report presents a framework for transit agencies to use for prioritizing capital asset rehabilitation and replacement decisions. By applying this framework, a decision maker can answer questions about asset rehabilitation and replacement investment decisions. The published report is accompanied by four Microsoft Excel models, which are available electronically via the TRB website. This report and the models will be a valuable resource for transit agencies and will be of interest to regional, state, and federal agencies that oversee, plan, or finance public transportation.