The ames transit agency (CYRIDE) will utilize $225000 in federal FY2024 stbg 5307 assistance to upgrade a transit bus to a battery electric bus purchase

Ended Formula Grant Awarded Last action

Award ID
IA2024007
Recipient
Awarding agency
Obligated
$281,250

Award facts

Assistance listing
20.507 Federal Transit Formula Grants
Completion date
Funding
  • $225,000.00 Federal
  • $56,250.00 Non-federal
Place of performance
Iowa, USA

Award details come from USAspending.gov.

Description

Activities
Upgrade a standard 40 heavy-duty bus replacement to a battery electric bus with stbg funding. The base bus replacement of a 2006 orion VII is funded through a urbanized formula grant IA-2022-022 (5307 funding). Cyride anticipates the new battery electric bus will cost $1157896 total. The stbg funding will provide additional federal funding toward the increased cost. The vehicle to be replaced is currently 18 years of age well past the required 12 year useful life for a 40 HD bus.
Expected outcomes
The ames transit agency (CYRIDE) project will be the second time to procure battery electric buses within the ames iowa community. This grant will allow additional funding to further CYRIDE plans to operate a portion of its fleet with zero emission buses. CYRIDE plans to operate this bus on routes that operate near the CYRIDE facility during the day. This will easily allow the bus to be switched out with a diesel bus in case the batteries get low throughout the day.
Intended beneficiaries
The beneficiaries are the residents (66427 population) of the city of ames university students at iowa state university and visitors to the community.
Subrecipient activities
Cyride does not have subrecipients.

Transactions

Action Federal Non-federal Date
Amendment $0 $0
Original award $225,000 $56,250

Quick answers

Who received award IA2024007?

IA2024007 was awarded to City Of Ames by Federal Transit Administration (Department of Transportation) on May 29, 2024.

How much is award IA2024007 worth?

$281,250 has been obligated on IA2024007: $225,000 in federal funding and $56,250 in non-federal funding.

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