Award of $1,000,000.00 with the objective to facilitate and evaluate public-private partnerships in which the private sector partner could assume a greater role in project planning, development,…

Active Cooperative Agreement Awarded Last action

Award ID
69A6212550008
Recipient
Awarding agency
Obligated
$1,000,000

Award facts

Completion date 62% complete
Place of performance
New Rochelle, NY, USA

Award details come from USAspending.gov.

About this award

The Department of Transportation awarded a $1,000,000 Cooperative Agreement under the Asset Concessions and Innovative Finance Assistance program (CFDA 20.945) to the City of New Rochelle, New York. The objective of this award is to facilitate and evaluate public-private partnerships, including asset concessions, to explore opportunities for the private sector to take on a greater role in transportation infrastructure project planning, development, financing, construction, maintenance, and operation. Specific activities to be performed include conducting an asset concession report, submitting quarterly reports, and delivering other project outcomes that will benefit commuters and residents of New Rochelle. The award has a performance period from December 2024 to December 2027.

Description

Activities
New rochelle reconnecting communities for transit oriented development.
Expected outcomes
Asset concession report, quarterly reports, and deliverables.
Intended beneficiaries
Commuters and residents of new rochelle.

Quick answers

Who received award 69A6212550008?

69A6212550008 was awarded to City Of New Rochelle by Immediate Office of the Secretary of Transportation (Department of Transportation) on December 16, 2024.

How much is award 69A6212550008 worth?

$1,000,000 has been obligated on 69A6212550008.

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