Transit Asset Management Performance Measures & Targets
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PUBLIC NOTICE: CAMPO is currently recommending that the region's 2024 Transit Asset Management (TAM) Performance Measures and Targets (see table below) remain the same as the 2023 targets - no more than 20% of transit providers revenue vehicles and facilities and 22% of non-revenue equipment to have met their useful life. A Public Comment period for the recommended targets is open until September 20, 2023. Comments can be submitted through the webform, via email to comments@campo-nc.us, via phone to 984-542-3601, or via U.S. Mail to: CAMPO Public Comments, Attn: Bonnie Parker, 1 Fenton Main Street, Suite 201, Cary, NC 27511. On September 20, 2023, the CAMPO Executive Board will consider endorsing the recommended regional 2024 TAM Performance Measures and Targets. |
Introduction
In 2018, as required by law, transit providers in the Capital Area metropolitan planning area, completed agency specific Transit Asset Management Plans including performance measures and targets for transit assets. Transit providers are required to annually update their transit asset performance measures and performance targets for the various asset classes. The Capital Area Metropolitan Planning Organization, as required by federal law, works with regional transit providers and NC DOT to review, update and set regional performance targets. By partner agreement, the regional Transit Asset Management performance targets are also annually updated.
2024 Recommended Regional Performance Measures and Targets:
For 2024, CAMPO staff, with input from the regional transit partners, are recommending that the transit asset management targets remain the same as 2023. See below.
2024 Recommended Regional Transit Performance Measures and Targets
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Asset Class |
Performance Meaure |
Target |
| Revenue Vehicles | % of vehicles that have met or exceeded their useful life | 20% |
| Equipment | % of non-revenue vehicles that have met or exceeded their useful life | 22% |
| Facilities | % of all buildings or structures with a condition rating below 3.0 on the federal Transit Economic Requirements Model (TERM) Scale | 20% |
2023 Regional Performance Measures & Targets:
For 2023, targets for Facilities were adjusted from 0% to 20% to be consistent with State goals and schedule. The following 2023 targets were approved by the CAMPO Executive Board on September 21, 2022.
2023 Regional Transit Performance Measures and Targets
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Asset Class |
Performance Meaure |
Target |
| Revenue Vehicles | % of vehicles that have met or exceeded their useful life | 20% |
| Equipment | % of non-revenue vehicles that have met or exceeded their useful life | 22% |
| Facilities | % of all buildings or structures with a condition rating below 3.0 on the federal Transit Economic Requirements Model (TERM) Scale | 20% |
2022, 2021, 2020 TAM Performance Measures - Approved
The following Performance Measures and Targets were approved by CAMPO's Executive Board at their September meetings each year in 2020-2022.
2022/2021/2020 Regional Transit Performance Measures and Targets |
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Asset Class |
Performance Meaure |
Target |
| Revenue Vehicles | % of vehicles that have met or exceeded their useful life | 20% |
| Equipment | % of non-revenue vehicles that have met or exceeded their useful life | 22% |
| Facilities | % of all buildings or structures with a condition rating below 3.0 on the federal Transit Economic Requirements Model (TERM) Scale | 0% |
Background
In its rule making for the Moving Ahead for Progress in the 21st Century Act (MAP-21) and the Fixing America’s Surface Transportation Act (FAST), the Federal Transit Administration (FTA) continues to advance efforts to implement a performance-based approach to planning. The rules established new requirements for metropolitan planning organizations (MPOs) to coordinate with transit providers, set performance targets, and integrate those performance targets, and performance plans into their planning documents by certain dates. In its final rulemaking on Transit Asset Management (TAM), the FTA required transit providers to set performance targets for state of good repair related to their assets by January 1, 2017. A separate planning rule for Metropolitan, Statewide and Non-metropolitan Transportation Planning required MPOs to establish regional performance targets for each performance measure. In 2017, transit providers in the planning area established initial State of Good repair performance targets and the Capital Area Metropolitan Organization has been adopting performance targets for the region each year.
Archive
2018-2019 TAM Performance Measures
In September 2018 the CAMPO Executive Board adopted the 2018-2019 regional Transit Asset Management performance targets below:
