Rail

BART extension receives $900M from FTA

Posted on March 13, 2012

The Federal Transit Administration (FTA) will provide $900 million to the Santa Clara Valley Transportation Authority (VTA) to help extend the San Francisco Bay Area Rapid Transit District's (BART) rail system into Santa Clara County, which is home to many fast-growing Silicon Valley companies.

According to BART, the project will create more than 1,600 construction-related jobs and help to relieve highway congestion in the nation’s major high-tech corridor.

The Silicon Valley Berryessa Extension Project, expected to break ground in April, will extend BART by 10 miles and involve the construction of two new stations, in Milpitas and Berryessa, and the procurement of 40 new passenger railcars. This significant New Starts investment continues the planned 16-mile BART Silicon Valley extension, bringing transit service to downtown San Jose and Santa Clara County.

Once completed, the new rail segment will be part of a 119-mile BART network connecting Santa Clara County with San Mateo, San Francisco, Contra Costa and Alameda counties. FTA is committed to providing funds comprising 38.6% of the $2.3 billion project. The balance is financed with $1.4 billion in funds from the State of California Traffic Congestion Relief Program and local sales taxes approved by Santa Clara voters in 2000 and 2008.

This represents the last and final step in sealing the funding “deal” and specifying the annual allocations ranging from $59 to $150 million over the next seven years.

VTA also received its first $100 million allocation from the New Starts Funding Program. The FFGA is a multi-year contractual agreement that formally defines the project scope, cost and schedule, and establishes the terms of the federal financial assistance. Execution of the FFGA is the final step before construction on the 10-mile, two station BART extension can begin. The project will break ground on April 12.

The cost of the project is approximately $2.3 billion, which includes $900 million in federal assistance, $251 million in state funding and $1.179 billion from Measure A sales tax.

View comments or post a comment on this story. (0 Comments)

More News

Atlanta Streetcar names new leadership

Keith Jones, formerly of URS Corp., will serve as interim executive director, while Ozell Hayes will serve as interim director for safety, security and training.

FRA finds Amtrak at fault for violating ADA passenger's rights

According to the agency, the train station lacks required public telephone technology for people who are deaf or hard of hearing; does not provide a visual information system for passengers waiting outside on platforms to update them about delays and schedule changes.

Valley Metro expands 'Safe Place' program at 4 new light rail stations

Valley Metro’s partnership with Safe Place began in 2013. Teens that are homeless, have left their homes because of abuse or neglect, or have been asked to leave by parents or guardians can seek help at any light rail station 24-hours a day.

Bombardier's joint venture to build 15 high speed trains for China

The contract for 15 eight-car CRH380D trainsets is valued at approximately 2.4 billion Chinese RMBs ($381 million U.S., 339 million euro).

MBTA needs $7.3B to repair rail system

The backlog could be wiped out by 2040 if the T spends $765 million annually on the maintenance backlog — rather than the current $610 million.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The resource for managers of class 1-7 truck Fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close