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The vanpool policy states that vanpool credits should be treated in the same manner as TDC, therefore, grantees should use the TDC line in the EAMS to record the vanpool credits to be used as local match. Whenever a grantee proposes to use vanpool credits as local match, FTA regional staff...
FTA’s new vanpool policy and Transportation Development Credits (TDC) are similar in that they both apply to the local share of a grant and permit the non-federal share of a project’s cost to be met through a credit or “soft match”. The outcome of using TDC or this vanpool policy means that FTA...
Yes, the local match resulting from private providers’ rolling stock investments qualifies as match for any Chapter 53 grant in the grantee’s area.
This information should be included in the grantee’s file and available for review upon request by FTA regional staff.
The information requested in the charts above can be attached in FTA’s Electronic Award Management System (EAMS), (e.g. TEAM or TrAMS).
If a grantee is seeking credit towards its local share without the use of Federal funds, they must provide the following information:
Year of PurchaseVehicle Identification Number(A) Cost of Van(B) Amount of state or local financial assistance(C) Amount available as credit (A-B)(D) Amount...If a grantee is seeking credit towards its local share with the use of Federal funds, they must provide the following information:
Year of PurchaseVehicle Identification Number(A) Cost of Van(B) Amount of federal financial assistance(C) Required local match(D) Amount of state or local...The credit to be used as local match is calculated as follows: cost of the vans minus any Federal, state or local government assistance received.
MAP-21 included a new provision specific to vanpool services. The law allows a vanpool provider to use revenues in excess of its operating expenses to acquire rolling stock as long as the private provider and the grantee enter into an agreement that specifies the private provider will use the...
Commuter highway vehicle and vanpool vehicle are vehicles with seating capacity for at least six (6) adults (not including the driver); and at least 80 percent of the mileage use can be reasonably expected to be for the purposes of transporting commuters in connection with travel between their...