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Transit Asset Condition Reporting (2011) / Chapter Skim
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Chapter Six - Conclusions
Pages 22-24

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From page 22...
... The synthesis revealed the following key findings about the state of the practice at the largest transit agencies: • Most large agencies have asset tracking databases that are frequently updated and include all assets. The primary data sources vary but include financial records (fixed asset ledgers)
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From page 23...
... . However, these SGR measures are really surrogates for the potential impacts of SGR investments that have real meaning to decision makers and the general public -- impacts such as reduced operating costs, improved reliability, and increased safety.
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From page 24...
... Research to examine analytical methods for estimating the potential impacts of SGR investments that have real meaning to decision makers and the general public -- impacts such as reduced operating costs, improved reliability, and increased safety. • The use of prioritization decision tools for examining the impacts of different SGR funding levels.
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Key Terms

  • asset condition
  • condition data
  • transit asset
  • asset management
  • asset types

  • asset renewal
  • using age
  • age data
  • largest transit
  • condition measurements

  • sgr using
  • specific asset
  • sgr funding
  • condition assessment
  • real meaning

  • ages based
  • investment priorities
  • synthesis revealed
  • added costs
  • assessment data

  • sgr backlogs
  • potential impacts
  • decay curves
  • increased safety
  • replacement projects

  • replacement ages
  • funding environments
  • inventory database
  • appropriate measurement
  • illinois model


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