U.S. Department of Transportation Announces Availability of $225 Million for Transit Pilot Program
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced the availability $225 million in grant funding through the Expedited Project Delivery Pilot Program. $100 million of the grant funding is currently available for allocation. The program aims to achieve faster delivery of new transit capital projects. A Notice of Funding Opportunity (NOFO) appears in the Federal Register.
"This innovative pilot program will expedite transportation infrastructure projects in several communities around the country," said U.S. Transportation Secretary Elaine L. Chao.
FTA's Expedited Project Delivery Pilot Program streamlines project delivery of new transit infrastructure that meets program requirements.
"By encouraging innovative partnerships and funding from a variety of sources, projects can be completed more quickly, making better use of taxpayer dollars, and bringing new transit service to growing communities," said FTA Acting Administrator K. Jane Williams.
The EPD Pilot Program is authorized by the Fixing America's Surface Transportation Act (FAST Act). By law, projects must utilize public-private partnerships, be operated and maintained by employees of an existing public transportation provider, and have a federal cost share not exceeding 25 percent of the project cost.
The FAST Act specifies that not more than eight projects can be awarded grants under the EPD Pilot Program. Applications will be accepted on a rolling basis until up to eight grants are awarded, subject to funding availability.
The NOFO describes how to apply for funding under the EPD Pilot Program and includes the criteria FTA will use to evaluate proposed projects for funding.
This EPD Pilot Program also supports the U.S. Department of Transportation’s commitment to follow the President's One Federal Decision framework to cut red tape and deliver infrastructure projects and safety improvements more quickly to spur economic growth.