Provide FTA 5307 type 6 turn-key capital cost of contracting activities and transit planning activities for the town of cary/gocary during the period of 7/01/2025 to 6/30/2026
Active Formula Grant Awarded
- Award ID
- NC2026025
- Recipient
-
Town Of Cary UEI LTWPZ97EE8P2
- Awarding agency
-
Federal Transit Administration
Department of Transportation
- Obligated
- $6,000,040
Award facts
- Assistance listing
- 20.507 Federal Transit Formula Grants
- Completion date 7% complete
- Funding
-
- $2,492,532.00 Federal
- $3,507,508.00 Non-federal
- Place of performance
- North Carolina, USA
Award details come from USAspending.gov.
About this award
The Federal Transit Administration awarded the Town of Cary $6 million on May 18, 2026, under the Federal Transit Formula Grants program (CFDA 20.507) to fund eligible capital contracting costs and transit planning activities for continued GoCary transit operations through June 30, 2026, with ultimate completion on March 30, 2032.
The award funds 80 percent of 50 percent of eligible capital contracting costs for the town's turn-key transit operations contract, enabling continued provision of public transportation services that would otherwise face service cuts due to insufficient funding. The total turn-key estimated contract value for the period of performance is $11.367 million. The award comprises $1 million in FFY22 funds and $1.492 million in FFY23 funds, with $6 million obligated overall. Services benefit Town of Cary residents and transit-dependent riders accessing employment and essential services. Place of performance is North Carolina. No sub-recipients are involved in this award.
Description
- Purpose
- The purpose of this award is to provide FTA 5307 type 6 turn-key capital cost of contracting activities and transit planning activities for the town of cary/gocary during the period of 7/01/2025 to 6/30/2026. This application is for a total of $1000000 in FFY22 FTA 5307 funds and $1492531 in FFY23 FTA 5307 funds. The total turn-key estimated contract value for the period of performance (FY26) is $11367107. Eligible amount being requested is 80% of 50% of eligible capital cost of contracting for FY26. The FFY22 and FFY23 split letters for the raleigh UZA are attached.
- Activities
- Funds will be used to cover eligible capital cost of contracting 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.
Quick answers
Who received award NC2026025?
NC2026025 was awarded to Town Of Cary by Federal Transit Administration (Department of Transportation) on May 18, 2026.
How much is award NC2026025 worth?
$6,000,040 has been obligated on NC2026025: $2,492,532 in federal funding and $3,507,508 in non-federal funding.
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