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,…

The U.S. Department of Transportation's Immediate Office of the Secretary awarded a $1,000,000.00 Cooperative Agreement under the Asset Concessions and Innovative Finance Assistance program (CFDA 20.945) to the City of Charlotte, North Carolina. The objective of this award is to facilitate and evaluate public-private partnerships in which the private sector could assume a greater role in project planning, development, financing, construction, maintenance, and operation of transportation assets, including by assisting the city in entering into asset concessions. The activities to be performed include providing Charlotte Gateway Station expert services, with expected deliverables such as an asset concession report, quarterly reports, and other project deliverables. The award period is from January 2, 2025 to January 1, 2028.

Activities

Charlotte gateway station expert services. Deliverables/expected outcomes: asset concession report, quarterly reports, and deliverables.

Intended beneficiaries

Residents and commuters in charlotte, city of charlotte.