$2,000,000 award for regional infrastructure accelerators to assist entities in developing improved infrastructure priorities and financing strategies for the accelerated development of a project that…

This $2,000,000 Cooperative Agreement award from the U.S. Department of Transportation's Federal Highway Administration under the Transportation Infrastructure Finance and Innovation Act (TIFIA) Program is intended to support Regional Infrastructure Accelerators that will assist entities in developing improved infrastructure priorities and financing strategies for accelerated development of transportation projects eligible for TIFIA funding. Key activities to be delivered include a project kickoff meeting, quarterly and annual reports, a project management plan, and a project evaluation plan. The intended beneficiaries are Caltrans stakeholders and commuters in California, where the award will fund infrastructure projects such as 101 Express Lanes, Presidio Parkway, Mid-Coast Trolley Light Rail Extension, and a Regional Express Lane Network Concept of Operations. This two-year award began on August 19, 2024 and is scheduled for completion by August 18, 2026.

$2,000,000 award for regional infrastructure accelerators to assist entities in developing improved infrastructure priorities and financing strategies for the accelerated development of a project that is eligible for funding under the transportation infrastructure finance and innovation act program under chapter 6 of title 23, united states code. Activites: 101 express lanes, presidio parkway, mid-coast trolley light rail extension, regional express lane network concept of operations deliverables: kick-off meeting; quarterly & annual reports; project management plan; project evaluation plan intended beneficiaries: caltrans stakeholders and commuters.