Addressing Concerns About the Major Investment Study Requirements
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1998-09-16
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TRIS Online Accession Number:00780099
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NTL Classification:NTL-PUBLIC TRANSPORTATION-PUBLIC TRANSPORTATION;NTL-HIGHWAY/ROAD TRANSPORTATION-HIGHWAY/ROAD TRANSPORTATION;NTL-ENERGY AND ENVIRONMENT-Environment Impacts;NTL-ECONOMICS AND FINANCE-Economic Impacts;NTL-PLANNING AND POLICY-Transit Planning and Policy;NTL-LAWS AND REGULATIONS-Federal Laws;
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Abstract:One of the new requirements of the Intermodal Surface Transportation Efficiency
Act of 1991 is the requirement that State Departments of Transportation,
Metropolitan Planning Organizations, and transit operators conduct a major
investment study (MIS)in metropolitan areas where (1)a major investment is
proposed, and (2)federal funds are potentially involved. The Federal Highway
Administration (FHWA) and the Federal Transit Administration were soon faced
with concerns from local and state transportation agencies about the MIS
requirements. In January 1996, a pilot program was begun to look at the
concerns about the MIS requirements, and to make recommendations on addressing
these concerns, including alternative simplified procedures for meeting the MIS
requirements. In January, 1998, the FHWA/FTA Major Investment Study Pilot
Program Evaluation Report was issued. The two-year MIS Pilot Program included
an evaluation of seventeen areas of concern with the MIS requirements and a
review of three MIS efforts that successfully used innovative approaches. The
evaluation report presents findings and recommendations to address concerns
about the MIS requirements. 10p.
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