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Is the maximum grant for an Urban Circulator less than $25 million?

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Is the maximum grant for an Urban Circulator less than $25 million?

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Yes. In order for the project to be considered exempt from evaluation and rating under the statutory New Starts and Small Starts criteria, the maximum grant for an Urban Circulator can be no greater than $25 million. FTA will provide up to 80% of the net project capital cost; however the amount of Section 5309 Capital Investment funds requested should be no greater than $25 million for each urban circulator project. Other Federal funds that are eligible to be expended for transportation capital projects can be applied to the project.

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