### Question
Can you define what transit asset management plan means?


### Answer
**Transit asset management plan** is defined as the following in *49 U.S.C. § 5337*:

> a plan developed by a recipient of funding under this chapter that—


(A) includes, at a minimum, capital asset inventories and condition assessments, decision support tools, and investment prioritization

#### Citation:
  - *49 U.S.C. § 5337*
  - Heading: **SUBTITLE III-GENERAL AND INTERMODAL PROGRAMS > CHAPTER 53-PUBLIC TRANSPORTATION**

