New York City Transit partners with CEBPI to improve Asset Management
NYC Transit, the Metropolitan Transportation Authority’s arm responsible for operating subways and buses in New York City is partnering with researchers from CEBPI to study its processes in the area of asset management. The MTA’s assets range from rolling stock (subway cars and buses) to infrastructure components such as stations, tracks and signals. In partnership with british asset management consultancy Smart Asset Solutions, the study will investigate the introduction of the international standard PAS55 at NYC Transit. The result of the study will be a plan for a strategic asset management improvement effort, designed improve NYC Transit’s processes surrounding its multibillion-dollar asset portfolio.