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FTA published the Transit Asset Management (TAM) Final Rule on July 26, 2016 with an effective date of October 1, 2016. As similarly required through FHWA's TPM target setting process, to the maximum extent practicable, transit providers must coordinate with the MPO in the selection of TAM performance targets.
As the Memphis Area Transit Authority (MATA) is the major public transportation provider, has fixed-route rail guideways, and is a Tier One agency developing a Transit Asset Management Plan, MATA has developed information and targets for the following four state of good repair performance measures:
On August 23, 2018, the Transportation Policy Board (TPB) of the Memphis Urban Area Metropolitan Planning Organization (MPO) approved a resolution to support MATA's transit targets, which are shown in the table below:
TRANSIT ASSET MANAGEMENT PERFORMANCE MEASURES
MEMPHIS AREA TRANSIT AUTHORITY (MATA)
(ALL REVENUE VEHICLES)
MATA PLUS BUSES
TRUCKS & WRECKERS
AUTO SERVICE CARS
(ALL BUILDINGS OR STRUCTURES)
SHOP & GARAGE
STRUCTURE & BUILDING
By agreeing to support MATA’s Transit Asset Management targets, the Memphis MPO agrees to: