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Major Capital Investment Projects

Abstract: This rulemaking will create a new regulatory framework for FTA´s evaluation and rating of projects seeking funding under the discretionary New Starts and Small Starts programs authorized by 49 U.S.C. 5309. Specifically, this rulemaking will simplify the measures for assessing the mobility improvements and cost-effectiveness of projects; will place greater emphasis on the environmental benefits of projects and the effects of projects on local economic development; will clarify the criteria for assessing the local financial commitment of project sponsors; will streamline the evaluation process for projects that remain within a certain envelope of cost and scope during the project development process; and will provide a very quick evaluation process for certain types of projects seeking funding under the Small Starts program.
RIN: 2132-AB02
Type: Rule Making
SUB TYPE Grant Management
Action Office TPE
Docket Effective Date March 07 2099, at 05.00 AM EST
Docket Close Date March 08 2099, at 12.00 AM EST
Legal Deadlines Source Other
Legal Deadlines Description Final Rule by
Legal Deadlines Date April 07 2006, at 12.00 AM EST
Legal Deadlines Action Statutory
Government Level Affected No
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