(a) Horizon period. A TAM plan must cover a horizon period of at least four (4) years.
(b) Amendments. A provider may update its TAM plan at any time during the TAM plan horizon period. A provider should amend its TAM plan whenever there is a significant change to the asset inventory, condition assessments, or investment prioritization that the provider did not reasonably anticipate during the development of the TAM plan.
(c) Updates. A provider must update its entire TAM plan at least once every four (4) years. A provider's TAM plan update should coincide with the planning cycle for the relevant Transportation Improvement Program or Statewide Transportation Improvement Program.
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 625.29