Addressing Concerns About the Major Investment Study Requirements
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1998-09-16
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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.
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Main Document Checksum:urn:sha-512:3094b1bbe776dd6275738dc1455d490f2f5d72c7f87ad65c0d38fbdac742d38dec6d5ac8f126a4847413668d729719d4508f8ea704e95411390170ae2cf322ff
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