Common use of Transit Asset Management Plan Clause in Contracts

Transit Asset Management Plan. Unless FTA determines otherwise in writing, the Recipient agrees to develop a Transit Asset Management Plan that: (1) Complies with: (a) Federal transit laws, specifically 49 U.S.C. § 5326 and 5337(a)(4), as amended by MAP-21, (b) Federal regulations pertaining to: § 5326(c)(1), as amended by MAP-21, and (c) Other applicable Federal laws and regulations, and (2) Is consistent with Federal guidance developed or to be developed to implement 49 U.S.C. § 5326, as amended by MAP-21, and

Appears in 5 contracts

Sources: Master Agreement, Master Agreement, Master Agreement