Provide FTA 5307 type 6 turn-key capital cost of contracting activities FTA 5339 type 6 turn-key contract line-item leasing and depreciation of vehicles and equipment expenses and transit planning…
Ended Formula Grant Awarded Last action
- Award ID
- NC2025023
- Recipient
-
Town Of Cary UEI LTWPZ97EE8P2
- Awarding agency
-
Federal Transit Administration
Department of Transportation
- Obligated
- $3,150,133
Award facts
- Assistance listing
- 20.507 Federal Transit Formula Grants
- Completion date
- Funding
-
- $1,348,163.00 Federal
- $1,801,970.00 Non-federal
- Place of performance
- North Carolina, USA
Award details come from USAspending.gov.
Description
- Purpose
- The purpose of this award is to provide FTA 5307 type 6 turn-key capital cost of contracting activities FTA 5339 type 6 turn-key contract line-item leasing and depreciation of vehicles and equipment expenses and transit planning activities for the town of cary/gocary during the period of 7/01/2024 to 6/30/2025. This application is for a total of $205766 in FFY21 FTA 5307 funds $1142397 in FFY22 FTA 5307 funds $183049 in FFY22 FTA 5339 funds and $188204 in FFY23 FTA 5339 funds. The total turn-key estimated contract value for the period of performance (FY25) is $9512527. Eligible amount being requested is 80% of 50% of eligible capital cost of contracting and 80% of line-item capital expenses for FY25. The FFY21 FFY22 and FFY23 split letters for the raleigh UZA are attached.
- Activities
- Funds will be used to cover eligible capital cost of contracting and line-item capital expenses for the towns current turn-key transit operations contract in order to continue transit operations and also eligible transit planning expenses.
- Expected outcomes
- Funding will permit the town of cary/gocary to continue to provide operations that would otherwise have to be cut due to lack of funding.
- Intended beneficiaries
- The town of cary/gocary and the riders that rely on its service will benefit from continued services permitting workers to get to work and riders to get to essential services.
Transactions
| Action | Federal | Non-federal | Date |
|---|---|---|---|
| Amendment | $0 | $0 | |
| Original award | $1,348,163 | $1,801,970 |
Quick answers
Who received award NC2025023?
NC2025023 was awarded to Town Of Cary by Federal Transit Administration (Department of Transportation) on April 9, 2025.
How much is award NC2025023 worth?
$3,150,133 has been obligated on NC2025023: $1,348,163 in federal funding and $1,801,970 in non-federal funding.
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