Sixth Conference on "Transit State of Good Repair"

Background

 

Transit asset management (TAM) is a business model that prioritizes funding based on the condition and performance of transit assets to achieve and maintain transit networks in a state of good repair (SGR) such that the capital assets operate at their expected levels of performance. Most SGR projects are, however, implemented when maximum operating capacity is needed. This necessity presents numerous cascading challenges such as scheduling SGR project implementation; gaining safe access to rehabilitate, replace, or modernize assets; preserving service reliability while minimizing ridership losses as well as communicating with customers on activities to address delays and system failures.

The Federal Transit Administration (FTA) provides significant funding of capital assets and associated regulatory direction.  In July 2016, the FTA issued a Final Rule on Transit Asset Management (TAM) to ensure SGR. The TAM Rule calls for preparation of TAM Plans, presents standard life cycle management nomenclature, requires grantees to establish performance targets, necessitates prioritization of SGR capital investments, mandates reporting of asset inventories and performance data to the National Transit Database and encourages the use of asset management systems as supporting tools.

These TAM practices are complemented by a variety of standards promulgated by groups such as the Institute for Asset Management (IAM), British Standards Institute (BSI), International Standards Organization (ISO), and the American Public Transportation Association (APTA). Key among these standards are the BSI/IAM Publicly Available Specifications (PAS) 55 – Overview of an Asset Management Systems, ISO 55000 Asset Management Standards-Organization and Structure on Management Systems, Gap Analysis, Training and Alignment, and  ISO IT Asset Management.

Global Mass Transit (GMT) is organising its sixth conference on Transit State of Good Repair on March 7-8, 2018 at the Willard InterContinental in Washington, D.C. Up to now, GMT has emphasized the policy, planning and organizational aspects of TAM. As transit agencies have gained greater competency in asset data collection, warehousing, modelling and analysis, the mission of the 6th Transit SGR Conference (SGR 6) is to address issues, challenges and strategies for effective implementation of TAM planning and SGR capital programs and projects. 
The conference will provide a platform to discuss the experiences and best practices in asset inventory, monitoring, condition assessments, preventive maintenance, performance assessments, performance scorecards and dashboards as well as SGR program development, evaluation methods, decision support tools, financing, project execution, risk management  and project management oversight.

 

Mission

The conference aims to encourage discussion among public and private sector members of the transit industry regarding building of technical and managerial capacity for robust TAM in support of SGR. It will showcase examples of small, medium and large transit agencies building and implementing state-of-the-art TAM plans and latest technology developments.

 

Key issues to be explored

  • TAM planning and training
  • Strategies for effective implementation of TAM plans
  • Use of data and analytics
  • Assets prioritization for condition assessments
  • Setting performance measures and targets
  • Managing transit assets in severe weather
  • Mitigating losses during SGR project implementation
  • Non-fare sources of revenue

 

Event Details

  • When

  • Wednesday, 7 March, 2018 - Thursday, 8 March, 2018
    8:30 AM - 4:00 PM
    Eastern Time

  • Where

  • Willard InterContinental
    1401 Pennsylvania Avenue Northwest
    Washington, DC, Washington 20004
    USA
    1-202-628-9100

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