PRIME GRANT

CO-2023-003

Project Grant

OVERVIEW

Government Description
APPLICATION PURPOSE: THE REGIONAL TRANSPORTATION DISTRICT (RTD) APPLIES FOR THE FULL FFY22 SECTION 5307 APPORTIONMENT OF $79720158 ALLOCATED TO THE DENVER-AURORA UZA. OF THE TOTAL THIS APPLICATION FUNDS PREVENTIVE MAINTENANCE ($47034893 FEDERAL) AND CAPITAL COST OF CONTRACTING ($32685265 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.
Awarding Agency
Place of Performance
Colorado United States
Geographic Scope
State-Wide
Related Opportunity
None
Regional Transportation District was awarded Project Grant CO-2023-003 worth $79,720,158 from the FTA Office of Budget and Policy in January 2023. The grant has a duration of 1 year and was awarded through assistance program 20.507 Federal Transit Formula Grants. $19,930,041 (20.0%) of this Project Grant was funded by non-federal sources.

STATUS
(Ongoing)

Last Modified 2/2/23

Period of Performance
1/9/23
Start Date
12/30/23
End Date
42.0% Complete

Funding Split
$79.7M
Federal Obligation
$19.9M
Non-Federal Obligation
$99.7M
Total Obligated
80.0% Federal Funding
20.0% Non-Federal Funding

ACTIVITY TIMELINE

ADDITIONAL DETAIL

Award ID FAIN
CO-2023-003
SAI Number
CO-2023-003-00-20.507
Award ID URI
SAI EXEMPT
Awardee Classifications
Other
Awarding Office
6982SY REGION 8 DOT FTA
Funding Office
693JJ8 OFFICE OF BUDGET AND POLICY(TBP)
Performance District
CO-90
Senators
Michael Bennet
John Hickenlooper
Modified: 2/2/23