### Question
How is the "transit asset management plan" defined?


### Answer
The term **transit asset management plan** is defined in *49 U.S.C. § 5337* as follows -

> 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**

