The U.S. Federal Railroad Administration again announced a new federal funding for railway projects which envisage repair and rehabilitation works for intercity passenger rail assets.
The notice for funding opportunity includes a USD 291.4 million grant to support projects related to railway infrastructure, equipment or facility assets, communication and signalling, as well as rolling stock, yards and terminal areas.
The federal share of a project’s total cost must not exceed 80 percent. The applications for funding must be submitted by July 27.
“All eligible parties should take full advantage of this opportunity to leverage private, state, and local investments that boost capital projects, including those that enhance safety in track and equipment and improve safety at highway-rail grade crossings or otherwise grade-separate rail intersections,” said FRA Administrator Ronald Batory.
The grants will be awarded on a competitive basis. The Federal Railroad Administration will consider how the projects support key Departmental objectives, including enhancing economic vitality and leveraging Federal funding. Using innovative approaches to improve safety and expedite project delivery and holding grant recipients accountable for achieving specific, measurable outcomes are several elements which will be considered within the competition. In addition, selection preference will be given to applications with a proposed non-federal share that is comprised of more than one source of funding and applications that indicate strong project readiness.
The programme’s grants are intended to benefit publicly or Amtrak-owned or-controlled passenger rail infrastructure, equipment, and facilities.
The FY20 programme and remaining FY19 funding, which includes USD 198 million made available by the Further Consolidated Appropriations Act, 2020, and USD 93.4 million that remains unawarded from 2019, will support capital projects.
In November 2019, the Federal Railroad Administration announced a federal funding of USD 396 million for the projects which support track repair and replacement and rail assets’ modernisation, to reduce the state of good repair backlog and improve intercity passenger rail performance.