# Private Investment Project Procedures
> **Federal Transit Administration** · Final rule. · Published 2018-05-30 · Effective 2018-06-29 · 83 FR 24672
## Document
- **Document number:** 2018-11385
- **Category:** transit
- **Sub-agency:** Federal Transit Administration
- **Federal Register citation:** 83 FR 24672
- **CFR reference:** 49 CFR 650
- **Publication date:** 2018-05-30
- **Effective date:** 2018-06-29
- **DOT docket:** Docket No. FTA-2016-0008
## Abstract

The Federal Transit Administration (FTA) is issuing a final rule describing new, experimental procedures to encourage increased project management flexibility, more innovation in project funding, improved efficiency, timely project implementation, and new project revenue streams for public transportation capital projects. A primary goal of this final rule is to address impediments to the greater use of public-private partnerships and private investment in public transportation capital projects. FTA anticipates using the lessons learned from these experimental procedures to develop more effective approaches to including private participation and investment in project planning, project development, finance, design, construction, maintenance, and operations.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2018/05/30/2018-11385/private-investment-project-procedures)
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