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Expects to issue a second NOFO soliciting applications for PTC systems deployment projects based on the balance of the $250M.
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Eligible projects include the purchase or lease of buses that are powered by modern systems such as hybrid or battery-electric engines, as well as related infrastructure investments.
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Projects eligible for this funding opportunity include those that replace, rehabilitate, lease, or purchase buses and related equipment.
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Approximately $232.3 million will be dedicated to response, recovery, and rebuilding projects, with $44.2 million going toward resiliency projects.
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Will replace the pre-existing Transportation Investment Generating Economic Recovery (TIGER) grant program.
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Under the MOU, the agencies committed their departments to following the President’s “One Federal Decision” with a goal to complete the entire process within two years.
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At the direction of Secretary Elaine L. Chao, the FRA is taking a proactive approach to ensure railroads acquire, install, test, and fully implement certified PTC systems in time to meet the congressional interim deadline of Dec. 31, 2018.
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More than 64% of this round of TIGER funding was awarded to rural projects, a historic number that demonstrates this Administration’s commitment to supporting the country’s rural communities.
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She said New York and New Jersey "have no skin in the game" and need to pony up more money to help pay for the project.
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The grants are expected to leverage private, state, and local investments to boost a wide range of rail projects, including the potential for implementing PTC.
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