transit · Federal Transit Administration · Published 2013-01-09 · Effective 2013-04-09 · 78 FR 1992
Document
Document number
2012-31540
Federal Register citation
78 FR 1992
CFR reference
49 CFR 611
Type
Rule
Action
Final rule.
Category
transit
Sub-agency
Federal Transit Administration
Publication date
2013-01-09
Effective date
2013-04-09
DOT docket
Docket No. FTA-2010-0009
Abstract
This final rule sets a new regulatory framework for FTA's evaluation and rating of major transit capital investments seeking funding under the discretionary "New Starts" and "Small Starts" programs. This final rule is being published concurrently with a Notice of Availability of revised proposed policy guidance that provides additional detail on the new measures and proposed methods for calculating the project justification and local financial commitment criteria specified in statute and this final rule. FTA seeks public comment on the revised proposed policy guidance referenced in the Notice of Availability published today. Because of the recent enactment of the Moving Ahead for Progress in the 21st Century Act (MAP-21), subsequent interim guidance and rulemaking will be forthcoming to address provisions not covered in this final rule.