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Accession Number PB2013-102384
Title Public Transit: Funding for New Starts and Small Starts Projects, October 2004 through June 2012.
Publication Date Nov 2012
Media Count 27p
Personal Author N/A
Abstract FTA, through the Capital Investment Grant program, which includes the New Starts and Small Starts programs, provides funds to transit project sponsors to build new or expanded fixed-guideway transit systems. Small Starts also includes projects known as Very Small Starts projects. These three categories--New, Small, and Very Small projects--vary by total project cost and amount of the Capital Investment Grant program contribution to the cost. For New Starts, total estimated project costs exceed $250 million; for Small Starts, they are less than $250 million, and for Very Small Starts they are less than $50 million. For New Starts the federal contribution is at least $75 million, for Small Starts it is less than $75 million. The Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users directed GAO to annually review FTA's New Starts program. This report discusses the extent to which project sponsors use non-New Starts funding to help construct New Starts, Small Starts and Very Small Starts projects. GAO reviewed financial information for all of the 25 New Starts and 32 Small Starts and Very Small Starts projects FTA identified as receiving construction funding from October 1, 2004, through June 2012. GAO interviewed FTA officials regarding program data and officials from 8 project sponsors to get their views on funding sources. GAO also reviewed relevant federal laws and other documentation. DOT officials reviewed a draft of this report and provided technical comments, which GAO incorporated as appropriate.
Keywords Capital
Construction
Costs
Documentation
Federal laws
Financial management
Grants
Project management
Public transportation
Transit industry

 
Source Agency General Accounting Office
NTIS Subject Category 91B - Transportation & Traffic Planning
43G - Transportation
85H - Road Transportation
Corporate Author Government Accountability Office, Washington, DC.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1305
Contract Number N/A

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