10 When can my project receive a construction grant agreement?
Even if funds have been appropriated or allocated to a New Starts, Small Starts, or Core Capacity project, FTA will not award a construction grant until the following conditions are met and FTA is assured the project is ready:
The project’s development and design have progressed to the point where its scope, cost, schedule, benefits, and impacts are considered firm and final;
All non-CIG capital funding for the project is committed;
All significant third party agreements are completed;
The project continues to obtain at least a Medium overall rating under the statutory evaluation criteria; and
The Project Management Plan and subplans have been updated to include a management approach at a sufficient level of development to construct and implement the project.