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

U.S. DOT makes $199M available for PTC implementation

The grants, which will be selected by the FRA and awarded and administered by the FTA, will help commuter railroads implement PTC, which prevents accidents and saves lives.

Hyperloop Tech. partners with Deutsche Bahn to create 'Innovation Train'

The project, which starts next week, will utilize Hyperloop Transportation Technologies crowdsourcing and community collaboration, while implementations will be financed by Deutsche Bahn.

MBTA faces federal complaint for cancelling late-night service

A group argues that the flawed data suggested the move would not have an overly burdensome effect on low-income and minority riders and that it should have taken steps to curb those impacts before ending the service in March.

Man struck dead on train tracks in Buffalo, N.Y.

During the investigation, it was determined that the man was laying on his back in the middle of the inbound side of a track on the south side, when a northbound train came down the track because the system was running on a single track.

Amtrak to launch new magazine in effort to rebrand

Will emphasize beautiful travel photography and long-form journalism to cast itself as an upscale brand and replace its current magazine, “Arrive,” which is more focused on celebrities, what’s-on content and regional destinations.

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 number 1 resource for vocational 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