Legislation

FTA Draft Circular MID-LIFE OVERHAULS


SWTA Members, How does this impact you?

Many thanks to APTA for the following brief.

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$5000 Threshold on Capital Equipment - Selling Transit Assets


SWTA members have been requesting a higher than $5000 disposition threshold for Federally funded assets (i.e. vehicles and equipment) that have reached their useful life. $5,000 is currently allowed by the OMB Common Rule and has been the rule since 1973.

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