Provide operating assistance for the period of 7/1/24 to 6/30/25 to continue providing transportation services in the operation of the city of corona transit system
Ended Formula Grant Awarded Last action
- Award ID
- CA2025088
- Recipient
-
City Of Corona UEI JCVFXGCJ8BK8
- Awarding agency
-
Federal Transit Administration
Department of Transportation
- Obligated
- $5,082,944
Award facts
- Assistance listing
- 20.507 Federal Transit Formula Grants
- Completion date
- Funding
-
- $3,167,172.00 Federal
- $1,915,772.00 Non-federal
- Place of performance
- California, USA
Award details come from USAspending.gov.
Description
- Purpose
- The purpose of this grant is to provide operating assistance for the period of 7/1/24 to 6/30/25 to continue providing transportation services in the operation of the city of corona transit system.
- Activities
- The city of corona is hereby submitting this grant for $1583586 in FFY 22 section 5307 funds. Funds will be used to offset costs associated with FY24-25 operating expenses for contracted transportation services. The services are contracted with a third-party contractor who provides operation and maintenance of the city of coronas public fixed route and demand response services. MV transportation is the current contractor. They were awarded the contract on july 20 2018 for three (3) base years plus three (3) one-year options to renew. On may 15 2024 the contract was extended for an additional three years making IT a 9-year contract. The contract for MV transportation started on september 1 2018. MV is currently in its seventh year of the contract. This grant would fund FY 24-25 (july 1 2024 through june 30 2025). The contract is eligible for capital cost of contracting and operating assistance. The seventh-year contract is estimated at $2899265. The capital cost of contracting is eligible at 40% of the contract cost ($1159706) with federal funding at 80% of the eligible cost ($927765). This grant will fund $834267 of the $927765 eligible federal amount. The remaining $93498 will be funded with grant CA-2024-036-00.the remaining 60% of the contract is eligible for federal operating assistance. Therefore the remaining 60% less fare revenues (($2899265 - $1159706 = $1739559 - estimate $89000 in fares and local share = $1650559) is eligible for operating assistance. The city is utilizing $749319 for operating assistance (less than the allowed maximum federal amount for FY2024 section 5307 apportionment of $881081). This project is also supported by FTA funding in CA-2024-036-00 which has a balance of $5897 in ALI 30.09.03THIS grant would fund $834267 in capital cost of contracting and $749319 of eligible operating assistance with a total federal fund request of $1583586.
- Expected outcomes
- This grant will provide the necessary funds to continue to provide transportation services to the riding public. Without these funds the city will have a shortfall which will hinder the operation.
- Intended beneficiaries
- All current and future city of corona transit service riders will continue to benefit by being able to continue to use public transportation for their commute.
- Subrecipient activities
- The recipient does not intend to subaward funds.
Transactions
| Action | Federal | Non-federal | Date |
|---|---|---|---|
| Amendment | $0 | $0 | |
| Amendment | $1,583,586 | $957,886 | |
| Original award | $1,583,586 | $957,886 |
Quick answers
Who received award CA2025088?
CA2025088 was awarded to City Of Corona by Federal Transit Administration (Department of Transportation) on May 20, 2025.
How much is award CA2025088 worth?
$5,082,944 has been obligated on CA2025088: $3,167,172 in federal funding and $1,915,772 in non-federal funding.
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