TheFiscalFinder
Single award · grant

Fta Budget: $305461388THIS Grant to the Chicago Transit Authority (Cta) in Chicago Illinois Is for Fy 2021…

A single federal award, with both ends of the trail linked.
$305.5M
total award value
2021
action date
67 mo
period
IL-2021-047
FAIN

Description

Fta Budget: $305461388THIS Grant to the Chicago Transit Authority (Cta) in Chicago Illinois Is for Fy 2021 Section 5337 Funds in the Amount of $160741734 Section 5307 in the Amount of $131524393 and Section 5339 for $13195261 to Support the Implementation of Capital Projects During the Period September 2020 to December 2026. These Funds Will Be Used for Buses Rail Car Overhaul Replacement and Purchase of Rail Cars. IN Addition These Funds Will Provide for Equipment Computer Systems Non-Revenue Vehicles Signals and Station Rehabilitation. FY20 Federal Funding Includes the Following: Project #1 5307 Urbanized Area Formula Grants Funding Project #2 5337 State of Good Repair Grants Funding Project #3 5339 Buses and Bus Facilities Formula Funding the Local Match Source Is Illinois Transportation Development Credits (Tdc) in the Amount of $32148347 for Section 5337 $26304878 for Section 5307 and $2639052 for Section 5339. Tollway Revenue Credits Do Not Provide Actual Monetary Reimbursements the Project Total in the Grant Application Reflects 100% Federal Share.this Application for the Section 5337 5307 and 5339 Federal Assistance Is Consistent with the Chicago Regional Transit Authoritys Designated Recipient Allocation Letter Fy 2021 and Is Attached to This Application. The Force Account Plan Is Not Over the Threshold Amount Required for Approval. However Cta Does Retain a Forced Account Plan for Their Records.by Executing This Grant Cta Certifies That Projects Funded in This Grant Are Included in the 2021 Transit Asset Management (Tam) Plan Investment Prioritization Section. Indirect Costs Will Be Applied Per Ctas Approved Cost Allocation Planattached Are the Following Documents:indirect Cost RATEFY20 Fast Act Funding Allocation Executed FY16 Letter of Understandingali Summaryetip Approval Tip Approvalcta Vin Listcta Bond Information

Place of performanceIllinois
Category
Competed?Not recorded✓ from source
Total (exact)$305,461,388

More awards to Chicago Transit Authority

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awarded 2020$817.5M
awarded 2025$444.5M

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