The rapid pace of globalization and modernization has significantly impacted the public transportation sector in Indonesia, highlighting the importance of adhering to evolving legal frameworks and regulations. As a leading State-Owned Enterprise (BUMN), Perusahaan Umum (Perum) DAMRI faces challenges in aligning asset management with applicable regulations while maintaining operational efficiency. This report discusses the resolution an of asset dispute between Perum DAMRI and Kabupaten Ende Government, with a focus on relevant asset management regulations and corporate governance. Findings indicate that compliance with regulations is critical for optimizing asset utilization, ensuring legal compliance, and fostering sustainable partnerships with local governments. Recommendations include strengthening legal coordination, enhancing asset governance strategies, and improving communication with stakeholders. By addressing these aspects, Perum DAMRI can improve regulatory integration, operational performance, and contribute to sustainable development in the long term within the transportation sector. This report highlights the crucial intersection between business needs and asset management, while still prioritizing public interests, offering valuable insights for public transportation companies facing similar challenges in the era of modernization. The report's recommendations emphasize strategic improvements in legal coordination and asset governance, providing insights to enhance regulatory integration within the transportation sector.