Guidelines and Standards for Assessing Local Financial Commitment
This document provides guidance to FTA contractors on how to develop a financial assessment for a proposed project seeking funding from the Capital Investment Grants (CIG) program. Throughout the year, FTA will assign contractors work to perform these financial assessments.
FTA developed guidance on transit financial plans to define the content, scope and format of acceptable financial plans from project sponsors. As part of the financial assessment, FTA’s financial contractor must evaluate the financial plan received from the project sponsor to ensure it contains all of the components with all of the attributes specified in the guidance document.