SLIDE 1
Transit Asset Management (TAM)
Board of Directors November 1, 2018
Agenda Item # 12
Overview
- TAM Requirements
- New TAM Policy
- New TAM Program
- Next Steps
Transit Asset Management (TAM) Board of Directors November 1, 2018 - - PowerPoint PPT Presentation
Transit Asset Management (TAM) Board of Directors November 1, 2018 - - PowerPoint PPT Presentation
Transit Asset Management (TAM) Board of Directors November 1, 2018 Agenda Item # 12 Overview TAM Requirements New TAM Policy New TAM Program Next Steps TAM Requirements Aging Assets - $90B nationwide backlog 2016:
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TAM Requirements
- Aging Assets - $90B nationwide backlog
- 2016: New FTA TAM Rule
– Requirement to receive federal funds – TAM Plan due Oct 1, 2018
- TAM Plan completed Sep 28, 2018
– Request Board to adopt new TAM Policy
SLIDE 4
New TAM Policy
“Caltrain is committed to sustainably maintaining its assets in a State of Good Repair in order to deliver a safe and reliable passenger rail service. This commitment will be ensured through:
- Financial stewardship and resource allocation
- Promoting a culture that supports asset management
- Focusing on high quality information
- Risk-based approach for decision making”
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New TAM Policy
FOCUS AREA TAM GOAL Safety Maintain assets in a SOGR to support a safe operating environment for employees, customers, and the public Fiscal Sustainability Build and promote financial sustainability through implementation of asset management best practices Infrastructure & Rolling Stock Maintain assets in a SOGR to support a high quality passenger rail service Organizational Efficiency Strengthen asset management processes People and TAM Culture Promote asset management culture throughout the
- rganization
SLIDE 6
New TAM Program
Prioritizes funding based on useful-life, age, or condition to maintain a SOGR
- Based on FTA guidelines
- Systematic process
- Risk-based evaluation
- Consistent approach for different types of assets
- Coordinated by Engineering; Agency-wide effort
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New TAM Program
What does it provide?
- Distribution of available funds by asset types
- Estimated costs for future SOGR projects
- Asset information to meet reporting requirements
- Planning tool - 20 year outlook
- Transparency
- Lower long-term maintenance costs
- Key Performance Indicators (KPI)
- Increase reliability
- Improve safety
SLIDE 8
Asset Overview by Replacement Value
$640M
$30M
$760M $1,090M $510M $330M
$70M $40M $40M
Rolling Stock MOW Equipment & Service Vehicles Track Structures Stations Maintenance Facilities Signals Communications Fiber
Total Current Asset Value: $3.5B*
Current Assets
Positive Train Control Overhead Contact System Traction Power System Additional Rolling Stock
*Future Assets – (additional $720M)
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$8M $101M $10M $44M $120M $0M $20M $40M $60M $80M $100M $120M $140M Facilities Track and Structures Stations Systems *Vehicles
Current Backlog
* EMU replacement addresses an additional vehicle backlog which is not shown here.
Total Unaddressed Backlog: $283M
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Next Steps
- Recommend adopting TAM Policy
- Program Rollout
- Resource enhancements
- SOGR investment recommendation
- Integrate with future budget planning
- Future TAM Plan updates
- Additional SOGR needed for new assets