Public comments will be accepted on this notice through June 2, 2017.
The Greater Buffalo-Niagara Regional Transportation Council (GBNRTC), the Metropolitan Planning Organization for Erie and Niagara Counties, is proposing to concur with the Transit Asset Management performance targets set by the NFTA per established federal requirements for Performance Management.
In July 2016, the Federal Transit Administration (FTA) published a Final Rule for Transit Asset Management. The Final Rule for Transit Asset Management became effective on October 1, 2016, and requires transit operators to develop and adopt a Transit Asset Management Plan that addresses State of Good Repair for rolling stock, infrastructure, equipment, and facilities.
Some Terms Defined
By June 30, 2017, and each year thereafter, MPOs must adopt targets. Based on the Final Rule for Transit Asset Management on Metropolitan Planning, the MPO has the option, as with all other performance targets, to (1) agree to program investments in support of the transit operator target, or (2) set their own quantifiable targets.
The GBNRTC in 2017 is proposing to concur with the transit operators targets indicated in this notice.