69A36525521430FSPDC
Cooperative Agreement
Overview
Grant Description
THE PROJECT INCLUDES EARLY ACTIVITIES TO ADVANCE THE LARGER PENN STATION TRANSFORMATION PROJECT TO REDEVELOP AND MODERNIZE THE STATION, INCREASE CONCOURSE CAPACITY AND ACCESS, ENABLE SAFER AND MORE EFFICIENT STATION OPERATIONS, AND ACCOMMODATE PASSENGER SERVICE GROWTH TO DELIVER A WORLD CLASS PASSENGER RAIL EXPERIENCE. THE PORTION OF THE NEW YORK PENN STATION TRANSFORMATION PROJECT FUNDED UNDER THIS COOPERATIVE AGREEMENT INCLUDES PRE-NEPA PLANNING AND PROJECT DEVELOPMENT ACTIVITIES. THE PROJECT SCOPE WILL INCLUDE THE PROCUREMENT OF A MASTER DEVELOPER FOR THE REDEVELOPMENT OF THE PENN STATION COMPLEX, ENVIRONMENTAL REVIEW, PRELIMINARY ENGINEERING (PE), AND PREPARATION OF A PROJECT MANAGEMENT PLAN (PMP). THE RECIPIENT WILL PROCURE A P3 MASTER DEVELOPER THAT WILL COMPLETE PE. PENN STATION TRANSFORMATION IS NOT CURRENTLY FUNDED FOR FINAL DESIGN CONSTRUCTION.
Awardee
Funding Goals
OUR NATIONS RAIL NETWORK IS A CRITICAL COMPONENT OF THE U.S. TRANSPORTATION SYSTEM AND ECONOMY. THE FSP PROGRAM PROVIDES A FEDERAL FUNDING OPPORTUNITY TO IMPROVE AMERICAN PASSENGER RAIL ASSETS BY FUNDING PROJECTS THAT REDUCE THE STATE OF GOOD REPAIR BACKLOG IMPROVE PERFORMANCE OR EXPAND OR ESTABLISH NEW INTERCITY PASSENGER RAIL SERVICE.
Grant Program (CFDA)
Awarding / Funding Agency
Place of Performance
New York,
New York
United States
Geographic Scope
City-Wide
Amtrak was awarded
Penn Station Transformation: Early Activities for Redevelopment
Cooperative Agreement 69A36525521430FSPDC
worth $42,951,138
from Federal Railroad Administration in June 2025 with work to be completed primarily in New York New York United States.
The grant
has a duration of 2 years 7 months and
was awarded through assistance program 20.326 Federal-State Partnership for State of Good Repair.
$10,737,784 (20.0%) of this Cooperative Agreement was funded by non-federal sources.
The Cooperative Agreement was awarded through grant opportunity FY24 Federal-State Partnership for Intercity Passenger Rail Grant Program for projects located on the Northeast Corridor.
Status
(Ongoing)
Last Modified 9/8/25
Period of Performance
6/1/25
Start Date
1/31/28
End Date
Funding Split
$43.0M
Federal Obligation
$10.7M
Non-Federal Obligation
$53.7M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
69A36525521430FSPDC
SAI Number
None
Award ID URI
None
Awardee Classifications
For-Profit Organization (Other Than Small Business)
Awarding Office
69A365 OFFICE OF FUNDS ADMINISTRA (GRANTS)
Funding Office
69A365 OFFICE OF FUNDS ADMINISTRA (GRANTS)
Awardee UEI
M22USH2CHRG1
Awardee CAGE
1TXU3
Performance District
NY-12
Senators
Kirsten Gillibrand
Charles Schumer
Charles Schumer
Modified: 9/8/25