Exceeding the FTA's requirements, RFTA can choose to use the State of Good Repair and Capital Planning modules to track all assets, their condition and their capital replacement schedules which may result in SOGR data management efficiencies and easier reporting to federal regulatory agencies. The EAM system integrates into RFTA's existing Trapeze back office system.
"Effectively managing the assets taxpayers have entrusted to those of us operating in rural environments, while complying with the upcoming reporting requirements of the MAP21 regulations, present some very unique challenges," stated
In operation since 1983,
EAM is a commercial off-the-shelf product which optimizes the agency's work flows, funding allocations, and resource utilization resulting in enhanced organizational transparency that facilitates accurate and agile capital planning. Providing full lifecycle asset management, the system assists with reducing asset related operating & capital costs. RFTA is using the State of Good Repair (SGR) grant to fund a portion of the new Transit Asset Management (TAM) System.
Trapeze invites all
Keywords for this news article include: Software, Banking and Finance.
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