Details:

Corporate Contributors:
United States. Federal Transit Administration ;
Subject/TRT Terms:
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Mass Transit
Urban Mass Transportation
Bus Transit
Financing
Grant Aid
Project Management
Public Transit
Railroad Commuter Service
Trolley Cars
Urban Areas

Publication/ Report Number:
GAO/RCED-00-149 ;
Resource Type:
Research Paper ;
Geographical Coverage:
United States ;
TRIS Online Accession Number:
792208
Corporate Publisher:
United States. General Accounting Office ;
NTL Classification:
NTL-PUBLIC TRANSPORTATION-PUBLIC TRANSPORTATION ; NTL-PUBLIC TRANSPORTATION-Advanced Public Transit Systems ; NTL-PUBLIC TRANSPORTATION-Transit Planning and Policy ;
Abstract:
Since the early 1970s, the federal government has provided a large share of the nation's capital investment in urban mass transportation. Much of this investment has come through the Federal Transit Administration's (FTA) New Starts program, which helps pay for certain rail, bus, and trolley projects through full funding grant agreements. In the last 6 years, this program has provided state and local transit agencies with about $4.7 billion to help design and construct such projects throughout the country. The Transportation Equity Act for the 21st Century (TEA-21), enacted in 1998, authorizes $6 billion in "guaranteed" funding for New Starts projects through fiscal year 2003. While the level of New Starts funding is higher than it has ever been, the demand for these resources is also extremely high. Over 190 projects nationwide are authorized to compete for funding. To prioritize projects for funding, FTA was directed to evaluate, rate, and recommend potential projects on the basis of specific financial and project justification criteria. Furthermore, FTA was required to issue regulations for the evaluation and rating process.
Format:
PDF ;
Collection(s):
US Transportation Collection
Main Document Checksum:
[+]
urn:sha256:44f62ee6e096799595587e6a54235cef5185b595f3544eb75e8583d2b3710f1d
File Type:

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