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Following negotiations with Purple Line Transit Partners, an agreement has been set that will see the state’s upfront expenditure for construction cost drop to $159.8 million – $8 million less than the $168 million threshold Gov. Hogan originally announced.
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The MTA’s Purple Line is a 16-mile, 21-station light rail line in the northern Washington D.C. suburbs. A circumferential rail transit line linking an existing radial system, the Purple Line will connect key activity centers, four branches of the Washington Metropolitan Area Transit Authority system, and Amtrak’s Northeast Corridor.
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The President's budget also recommends that Section 2 -- a 2.6-mile extension of the subway receive a Full Funding Grant Agreement which, if granted, would serve as the commitment to provide federal matching funds for this portion of the subway.
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Also known as the Southeast Corridor line, the 6.6-mile, 10-station Purple Line begins downtown and travels southeast along Capitol and Rusk to the Palm Center near MLK and Griggs.
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Entry into the New Starts Engineering phase is the final milestone required before FTA can sign a Purple Line Full Funding Grant Agreement. With this achievement, MTA can start to incur costs that are eligible for federal reimbursement.
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Will receive $1.25 billion in construction grant funds from the FTA's Capital Investment Grant Program and up to $856 million from the U.S. DOT's TIFIA loan program.
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Representatives of state and county agencies, including Montgomery and Prince George’s counties, evaluated six statements of qualifications according to a solicitation plan.
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In late 2014 or early 2015, MDOT / MTA will select a preferred partner and recommend the final agreement to the Board of Public Works for their review and approval. Construction could begin in spring 2015.
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A single private partner will be responsible for designing, constructing, operating and maintaining the project, as well as providing up to $900 million in private financing.
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Thousands of skilled construction trade jobs expected to be generated by the Red and Purple Line transit projects and other transportation investments around the state.
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