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He will be stepping down to take a regional leadership role within First Transit, an international transit operations, management and consulting firm.
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The company is partnering with ElDorado National and BAE Systems to deliver five buses to the Palm Desert, Calif.-based agency.
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The passage of the resolution giving Congress's consent is now the final piece in creating the commission. However, the federal transit agency will continue to oversee safety until it determines that the new entity is capable of meeting its responsibilities.
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Ruling called for an additional environmental study of the light rail line, despite the fact the project had already been studied and signed-off on by the feds.
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All projects must comply with Buy America regulations, which require that all iron, steel, or manufactured products be produced in the U.S., as well as final assembly of vehicles.
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The latest data from the FRA shows some rail systems are still lagging, with the technology operational along 27% of freight-rail route miles and 23% of passenger-rail route miles, as of the first three months of this year.
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The project was expected to cost $5.2 billion just a few years ago but is now estimated to cost as much as $10 billion with financing. The city’s latest figures project a $1.384 billion shortfall from now to 2024.
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In the wake of several serious rail accidents, Congress enacted tougher safety oversight requirements of states, with threats of withholding federal funds for both rail and bus transit agencies throughout each entire state that did not comply.
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The FRA was responsible for the selection of the grant recipients, and the FTA will award and administer the grants during Fiscal Year 2017.
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The project is expected to cost approximately $299.3 million, with other funding coming from state cap-and-trade funding, other federal and local funding.
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