CO-2023-003
Formula Grant
Overview
Grant Description
Application Purpose:
The Regional Transportation District (RTD) applies for the full FFY22 Section 5307 apportionment of $79,720,158 allocated to the Denver-Aurora UZA. Of the total, this application funds preventive maintenance ($47,034,893 federal) and capital cost of contracting ($32,685,265 federal).
Activities Performed:
The funds will be used for preventive maintenance and the capital cost of contracting funded at an 80% federal to 20% local matching ratio.
Expected Outcomes:
This award will assist RTD in funding maintenance-related costs during the period 10/1/2021 to 9/30/2023.
Intended Beneficiaries:
The transit patrons and employees of the RTD service area will benefit from the funding in this application.
Subrecipient Activities:
No subrecipients are funded by this award.
The Regional Transportation District (RTD) applies for the full FFY22 Section 5307 apportionment of $79,720,158 allocated to the Denver-Aurora UZA. Of the total, this application funds preventive maintenance ($47,034,893 federal) and capital cost of contracting ($32,685,265 federal).
Activities Performed:
The funds will be used for preventive maintenance and the capital cost of contracting funded at an 80% federal to 20% local matching ratio.
Expected Outcomes:
This award will assist RTD in funding maintenance-related costs during the period 10/1/2021 to 9/30/2023.
Intended Beneficiaries:
The transit patrons and employees of the RTD service area will benefit from the funding in this application.
Subrecipient Activities:
No subrecipients are funded by this award.
Awardee
Funding Goals
NOT APPLICABLE
Grant Program (CFDA)
Awarding Agency
Funding Agency
Place of Performance
Colorado
United States
Geographic Scope
State-Wide
Related Opportunity
NOT APPLICABLE
Analysis Notes
Infrastructure $73,521,738 (100%) percent this Formula Grant was funded by the 2021 Infrastructure Act.
Amendment Since initial award the total obligations have decreased 8% from $99,650,199 to $91,902,173.
Amendment Since initial award the total obligations have decreased 8% from $99,650,199 to $91,902,173.
Regional Transportation District was awarded
Formula Grant CO-2023-003
worth $73,521,738
from the FTA Office of Budget and Policy in January 2023 with work to be completed primarily in Colorado United States.
The grant
has a duration of 1 year and
was awarded through assistance program 20.507 Federal Transit Formula Grants.
$18,380,435 (20.0%) of this Formula Grant was funded by non-federal sources.
Status
(Complete)
Last Modified 6/3/24
Period of Performance
1/9/23
Start Date
12/30/23
End Date
Funding Split
$73.5M
Federal Obligation
$18.4M
Non-Federal Obligation
$91.9M
Total Obligated
Activity Timeline
Transaction History
Modifications to CO-2023-003
Additional Detail
Award ID FAIN
CO-2023-003
SAI Number
CO-2023-003-02-20.507
Award ID URI
SAI EXEMPT
Awardee Classifications
Other
Awarding Office
6982SY REGION 8 DOT FTA
Funding Office
693JJ8 OFFICE OF BUDGET AND POLICY(TBP)
Awardee UEI
KFDAUC2DTJ63
Awardee CAGE
3NMR9
Performance District
CO-90
Senators
Michael Bennet
John Hickenlooper
John Hickenlooper
Budget Funding
| Federal Account | Budget Subfunction | Object Class | Total | Percentage |
|---|---|---|---|---|
| Formula and Bus Grants, Liquidation of Contract Authorization, Federal Transit Administration, Transportation (069-8350) | Ground transportation | Grants, subsidies, and contributions (41.0) | $91,801,161 | 100% |
Modified: 6/3/24