Transit asset management guidelines

As a recipient of Federal Transit Administration (FTA) funds, TxDOT's Public Transportation Division is responsible for usage oversight, this includes monitoring Subrecipients that purchase real property, rolling stock, and equipment when TxDOT is the Direct Recipient. If the Direct Recipient is another entity, FTA is responsible for asset oversight.

As part of TxDOT PTN’s obligation to FTA, oversight includes asset inventory, maintenance schedule reviews (facility, equipment, and vehicle), bi-annual asset inspections, annual insurance checks, and asset disposition. The following items are monitored to ensure each asset purchased with taxpayer funds is used within its original purpose, used in a manner that prevents early disposition, and used in a method allowable under Federal and State guidelines.

• Guidelines for assets
  This page provides the basic overview of defining assets and the terms necessary to comply with federal and state regulations.

• Guidelines for vehicle, equipment, and real property management
  This page provides a basic equipment management overview in accordance with applicable federal and state guidelines; as well as the Transit Asset Management (TAM) plan.

• Guidelines for disposition for asset
  This page provides the basic overview of asset disposition and transfer in accordance with federal and state regulations.

• Policy, requirements, and resources
  This section provides links to important federal and state regulations governing the transit industry.