(a) A capital asset is in a state of good repair if it is in a condition sufficient for the asset to operate at a full level of performance. In determining whether a capital asset is in a state of good repair, a provider must consider the state of good repair standards under subpart D of this part.
(b) An individual capital asset may operate at a full level of performance regardless of whether or not other capital assets within a public transportation system are in a state of good repair.
(c) A provider's Accountable Executive must balance transit asset management, safety, day-to-day operations, and expansion needs in approving and carrying out a TAM plan and a public transportation agency safety plan.
authority: Sec. 20019 of Pub. L. 112-141, 126 Stat. 707,
49 U.S.C. 5326; Sec. 20025(a) of Pub. L. 112-141, 126 Stat, 718,
49 CFR 1.91
source: 81 FR 48962, July 26, 2016, unless otherwise noted.
cite as: 49 CFR 625.17