The filed record
Asset Management - International Association of Public Transport (UITP) Peer Review
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The decision
2025-09-22 · Toronto Transit Commission - Audit, Finance and Risk Management Committee · amended
As filed
The Audit & Risk Management Committee: 1. Received the International Association of Public Transport (UITP) Peer Review report and thanked the participants for their assistance. 2. Directed management to report back to ARMC by the end of 2025 evaluating the importance, feasibility, cost, timing, and alignment of the UITP recommendations with TTC's mission, vision and current plans, including the TTC Asset Management Maturity Roadmap.
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This report back should prioritize the recommendations, and propose target dates and resource requirements for implementation of all high priority items that management recommends. 3. Forwarded this report and confidential attachment to the TTC Board. 4. Released Attachment 2 for public review after consideration by the TTC Board, except chapter 8, subject to approval by the Board, which shall remain confidential as it discusses sensitive details of the TTC's signalling and control system.
On the agenda
As the city filed it
The TTC is an asset-intensive organization committed to advancing its asset management through a comprehensive, multi-year improvement program. A key element of this program is engaging industry subject matter experts and peer organizations to ensure alignment with best practices. In keeping with this approach, the Audit & Risk Management Committee endorsed a International Association of Public Transport (UITP) led peer review of TTC's Subway and Streetcar assets and maintenance programs at its meeting on September 11, 2024.
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UITP has completed the review and has provided TTC with its findings. Attached to this report are the peer review key findings.
Staff recommended
It is recommended that the Audit and Risk Management Committee: 1. Receive the International Association of Public Transport (UITP) Peer Review report and direct staff to evaluate the feasibility, cost, timing, and alignment of its recommendations with TTC's mission and vision. 2. Direct staff to incorporate the recommendations deemed to be a strong strategic fit into the TTC Asset Management Maturity Roadmap. 3. Authorize
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that the information in Attachment 2 remain confidential as it contains information related to the security of the property of the TTC.