Regulations last checked for updates: Nov 25, 2024

Title 49 - Transportation last revised: Nov 18, 2024
§ 625.53 - Recordkeeping for transit asset management.

(a) At all times, each provider must maintain records and documents that support, and set forth in full, its TAM plan.

(b) A provider must make its TAM plan, any supporting records or documents performance targets, investment strategies, and the annual condition assessment report available to a State and Metropolitan Planning Organization that provides funding to the provider to aid in the planning process.

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 625.53