Mass transit : project management oversight benefits and future funding requirements
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Mass transit : project management oversight benefits and future funding requirements

  • 2000-09-01

Filetype[PDF-526.00 KB]


  • English
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    Details:

    • Corporate Contributors:
      United States. Department of Transportation. Federal Transit Administration
    • Subject/TRT Terms:
    • Publication/ Report Number:
      GAO/RCED-00-221
    • Resource Type:
      Research Paper
    • Geographical Coverage:
      United States
    • Corporate Publisher:
      United States. General Accounting Office
    • Abstract:
      To meet the nation?s transportation needs, many states, cities, and localities are building or planning mass transit projects to replace aging infrastructure or add new capacity. These transit projects are very costly and require large investments of public resources. Much of the funding is made available through grants from the Department of Transportation?s Federal Transit Administration (FTA). These projects can be technically challenging and can take years to construct. In the early 1980s, several federally funded transit projects experienced major problems with the quality of construction, cost overruns, and missed milestones. To help lessen the risk and safeguard the federal investment in transit projects, the Congress authorized FTA?s project management oversight program in 1987. Today, FTA and its project management oversight contractors monitor over 100 major capital projects?generally defined by FTA as including those expected to cost more than $100 million?which are collectively expected to cost about $47.5 billion. Because of your continuing concern about the federal investment in projects that have experienced cost increases and schedule delays and your interest in maximizing the impact of FTA?s investments, you asked us to review FTA?s oversight of major capital projects. As agreed with your offices, this report describes (1) how FTA oversees major capital projects, (2) how financial capacity assessments are used, (3) what types of benefits to grantees and FTA have resulted from FTA?s project oversight activities, and (4) how these oversight activities are funded.
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      PDF
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