49 CFR § 625.41 - Standards for measuring the condition of capital assets.

---
identifier: "/us/cfr/t49/s625.41"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "49 CFR § 625.41 - Standards for measuring the condition of capital assets."
title_number: 49
title_name: "Transportation"
section_number: "625.41"
section_name: "Standards for measuring the condition of capital assets."
chapter_name: "FEDERAL TRANSIT ADMINISTRATION, DEPARTMENT OF TRANSPORTATION"
part_number: "625"
part_name: "TRANSIT ASSET MANAGEMENT"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Sec. 20019 of Pub. L. 112-141, 126 Stat. 707, 49 U.S.C. 5326; Sec. 20025(a) of Pub. L. 112-141, 126 Stat, 718, 49 CFR 1.91."
regulatory_source: "81 FR 48962, July 26, 2016, unless otherwise noted."
cfr_part: "625"
---


# 625.41 Standards for measuring the condition of capital assets.

A capital asset is in a state of good repair if it meets the following objective standards—

(a) The capital asset is able to perform its designed function;

(b) The use of the asset in its current condition does not pose an identified unacceptable safety risk; and

(c) The life-cycle investment needs of the asset have been met or recovered, including all scheduled maintenance, rehabilitation, and replacements.