This report presents a framework that builds upon a set of fundamental concepts and provides a basic set of steps for transit agencies to follow when evaluating and prioritizing capital asset rehabilitation and replacement investments. In addition to the printed report, an analytical approach and set of spreadsheet tools were developed to support the framework. These tools address how to evaluate rehabilitation and replacement actions for specific types of transit assets, and how to prioritize candidate rehabilitation and replacement actions. The names of the four analytical tools and links to those tools are as follows: • The prioritization modeling tool at http://onlinepubs.trb.org/onlinepubs/tcrp/tcrp_rpt_157prioritizationsam… ; • The vehicle modeling tool at http://onlinepubs.trb.org/onlinepubs/tcrp/tcrp_rpt_157vehicle.xlsm ; • Age-based modeling tool at http://onlinepubs.trb.org/onlinepubs/tcrp/tcrp_rpt_157age.xlsm ; • Condition-Based Modeling Tool at http://onlinepubs.trb.org/onlinepubs/tcrp/tcrp_rpt_157condition.xlsm. (Author/publisher) TCRP Report 157 is available online at http://onlinepubs.trb.org/onlinepubs/tcrp/tcrp_rpt_157.pdf
Abstract