49 CFR § 625.53
Recordkeeping for transit asset management
November 18, 2020
(a) At all times, each provider must maintain records and documents that support, and set forth in full, its TAM plan.
(b) A provider must make its TAM plan, any supporting records or documents performance targets, investment strategies, and the annual condition assessment report available to a State and Metropolitan Planning Organization that provides funding to the provider to aid in the planning process.