For Small Starts projects, the law requires completion of one phase in advance of receipt of a construction grant agreement – Project Development. The funds would be allocated to the New Jersey Transit Corporation (New Jersey Transit) to enhance the reliability of commuter rail service between New Jersey […] Capital Investment Grant Funding Comparison Chart, January 11, 2021 | FTA These funds may be used only for equipment replacement or rehabilitation, or other capital projects needed to keep transit systems in good repair. Search Eno Transportation Weekly. The law also requires projects to be rated by FTA at various points in the process according to statutory criteria evaluating project justification and local financial commitment. The total project cost is $491 million with $173 million in funding provided through FTA’s Capital Investment Grants (CIG) Program. This discretionary grant program funds capital investments in rapid transit, commuter rail, … The Capital Area Transportation Authority (CATA) proposes to build a bus rapid transit (BRT) line that traverses Michigan Avenue/Grand River Avenue from Marsh Road in Meridian Township, passing through downtown East Lansing, along the northern edge of the Michigan State University (MSU) campus, briefly through Lansing Township, and through the City of Lansing to the Capitol. 08 When will FTA conduct a risk assessment for my project? about 04 Is there a timeframe within which projects must complete the steps in the process for a construction grant agreement? Capital Investment Grants - 5309. Systems Risk FTA has incorporated Recovery Act-specific codes in its grants management system and identified a better method to use the accounting system to manage and control funds. 02 When may a project sponsor seek entry into the New Starts or Core Capacity Engineering phase? The Federal Transit Administration is providing a total of $544.3 million to help fund seven transit infrastructure projects in seven states –Arizona, California, Indiana, Minnesota, Missouri, North Carolina and Utah – via its Capital Investment Grants or CIG program. 05 What should I submit to FTA if I wish to apply for entry into the Project Development phase of the Capital Investment Grant program? [Above graphic via the FTA.] The Federal Transit Administration has awarded a key grant to the Portal North Bridge Project. FTA plans to conduct a risk assessment of New Starts and Core Capacity projects prior to entry into the Engineering phase of its Capital Investment Grants program. What GAO Found . Botswana became the 22 nd and latest country on 30 January to append its signature to an agreement to launch the “Grand” FTA that will create a combined population of some 700 million people covering half of the member states of the African Union (AU) and a Gross Domestic Product (GDP) of … U.S. Department of Transportation (DOT) officials said the agency’s Federal Transit Administration (FTA) had earmarked a $766.5 million Capital Investment Grant (CIG) to aid New Jersey’s Portal North Bridge Project. FTA then examines risks related to the project to determine the appropriate level of contingency needed. FTA’s mission is to improve public transportation for America’s communities. The funds are for major capital projects eligible under the discretionary Section 5309 New Starts/Small Starts program, with statutory consideration to be given to projects already under construction and that could obligate funds by … As illustrated on the following page, over the past decade, more than one-half of all states have … about 01 How do I obtain Capital Investment Grant Program funding for my project? FTA evaluates and develops ratings for the project justification and local financial commitment criteria. This FTA discretionary grant program funds transit capital investments, including heavy rail, commuter rail, light rail, streetcars and bus rapid transit. Capital Investment Grants - 5309: Provides funding through a multi-year competitive process for transit capital investments, including heavy rail, commuter rail, light rail, streetcars, and bus rapid transit. Each year FTA is required by law to prepare an annual report to Congress recommending Capital Investment Grant projects for funding and listing the results of FTA evaluations and ratings of the projects. In small urbanized areas, these funds can be used for capital investment and for transit operations. Submitted by valerie_berton on Fri, 2018-06-29 15:28. 202-366-4043 FTA may perform updates to the risk assessment and scope, cost, and schedule reviews prior to awarding a construction grant agreement. 10 When can my project receive a construction grant agreement? Federal Transit Administration. Major Capital Investment Projects New and Small Starts: ... and project evaluation and rating. United States, Phone: 202-366-4033 This program provides grants to maintain transit systems in a state of good repair. The total project cost is $491 million with $173 million in funding provided through FTA’s Capital Investment Grants (CIG) Program. 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