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Title: Review of the Federal Transit Administration’s Transit Economic Requirements Model
Accession Number: 01478588
Record Type: Monograph
Blurb URL: Abstract: The Transportation Research Board's (TRB's) Review of the U.S. Federal Transit Administration’s (FTA's) Transit Economic Requirements Model (TERM) examines whether TERM provides reasonable and appropriate estimates of condition and investment needs for its intended purposes. The report also examines TERM’s reliance on a backlog of capital investments as an appropriate basis for developing future capital funding requirements. The FTA's TERM is a tool for estimating the nation’s transit capital expenditure needs over a 20-year period. TERM’s primary use is in the preparation of the U.S. Department of Transportation’s biennial reports to Congress on the conditions and performance of U.S. highways, bridges, and public transit systems. The report recommends that FTA develop methods to estimate the effect that attaining national goals for transit asset physical condition would have on transit performance and to estimate how improved asset management practices would affect capital expenditure needs.
Supplemental Notes: Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Pagination: 36p
Publication Date: 2013-3-29
Media Type: Web
Features: Appendices; References
TRT Terms: Identifier Terms: Subject Areas: Administration and Management; Economics; Finance; Public Transportation; I10: Economics and Administration; I70: Traffic and Transport
Files: TRIS, TRB, ATRI
Created Date: Apr 15 2013 10:29AM
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