Experienced & Dedicated
While there is an increasing emphasis on providing transportation options for all population groups, decisions about providing these options should account sound financial investments and planned project strategies. The Federal process of this financial equation can be entirely different from the commercial world, and presents its own challenges. The transit funding opportunities within specified limits and options are often a complex matter for agencies to navigate.
Transit Capital has the resources and the expertise to help your agency get ahead. The firm maintains accurate system reports, improves established solid benchmarks, increases future project funding, and delivers successful transit projects. Transit Capital can help your agency to overcome obstacles, project delays, and the frustration of report requirements to the Federal Transit Administration (FTA), and State DOTs for §5339 Bus and Bus Facility grants.
Transit Capital has extensive experience with federal grant requirements, program exemptions, various funding sources, and key points of contact throughout the government. Our thorough knowledge of the transit industry and client responsiveness has provided much success in meeting all Federal reporting requirements. Transit Capital’s strong and attentive support team provided immediate responses to Federal inquires, promptly addressing project concerns and reducing costly delays to show your service operation as a successful recipient of Federal transit funds.
Grant Preparation work tasks shall include*
▲ Research and verify local planning approvals
▲ Identify funding sources eligible, appropriate for grant program
▲ Assign and prepare environmental clearances**
▲ Identify project milestones and fleet ratios
▲ Identify allowable costs with FSR
▲ Develop cost allocation plans as required
▲ Prepare Quarterly reports based on ECHO information
▲ Maintain and report project milestones and adjust as needed
▲ Prepare grant amendment and budget revisions as needed
▲ Representation with all inquiries and certification of work performed
* Work tasks are not limited to list shown. Actual work shall include all necessary tasks for report completion as specified in the service contract.
** Identify correct environmental clearances and prepare Environmental Assessment (EA) document as required for the project grant approval.
Transit Capital brings practical experience to each assignment. Our staff possesses extensive experience with transit agencies, local governments, MPOs, State DOTs, FTA Regional and Headquarter offices. Transit Capital is committed to providing timely and accurate reports to satisfy the requirements of the Federal Transit laws codified at 49 U.S.C. Chapter 53, in accordance with FTA's Circulars, including 9030.1B and 5010.1C.