Formula Grant CO2023034

Award Date 8/28/23
Completion Date 12/30/24
Dollars Obligated $91M
Federal Grant Program
20.507
Assistance Type
Formula Grant
Place of Performance
Colorado, USA
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APPLICATION PURPOSE: THE REGIONAL TRANSPORTATION DISTRICT (RTD) APPLIES FOR THE FULL FFY 2023 SECTION 5307 APPORTIONMENT OF $81383349 ALLOCATED TO THE DENVER-AURORA $6551214 TO THE BOULDER UZA $4155802 TO THE LONGMONT UZA AND $1621169 TO THE LAFAYETTE-LOUISVILLE-ERIE UZA. OF THE TOTAL AMOUNT OF $93711534 IN FEDERAL FUNDS THIS APPLICATION FUNDS PREVENTIVE MAINTENANCE ($55289805 FEDERAL) AND CAPITAL COST OF CONTRACTING ($38421729 FEDERAL).; ACTIVITIES PERFORMED: THE FUNDS WILL BE USED FOR PREVENTIVE MAINTENANCE AND THE CAPITAL COST OF CONTRACTING FUNDED AT AN 80% FEDERAL TO 20% LOCAL MATCHING RATIO.; EXPECTED OUTCOMES: THIS AWARD WILL ASSIST RTD IN FUNDING MAINTENANCE RELATED COSTS DURING THE PERIOD 10/1/2022 TO 9/30/2024.; INTENDED BENEFICIARIES: THE TRANSIT PATRONS AND EMPLOYEES OF THE RTD SERVICE AREA WILL BENEFIT FROM THE FUNDING IN THIS APPLICATION.; SUBRECIPIENT ACTIVITIES: NO SUBRECIPIENTS ARE FUNDED BY THIS AWARD.

Posted 8/28/23, 12:00 AM