FTA Draft Circular MID-LIFE OVERHAULS
SWTA Members, How does this impact you?
Many thanks to APTA for the following brief.
$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.