Federal grant · formula grant (a)
This Application Requests $39497886 in Section 5307 Formula Funds and $3399087 in Section 5339 Bus and Bus Facility Funding for a Total of $42896973. This Grant Provides Funds for the Following PROJECTS:1. Ada Operating Set Aside (5307) $4032995. Ada Operating Set Aside Funds Will Be Used for Paratransit Activities a Mandated Service That Vta Provides to Residents of Santa Clara COUNTY.2. Bus Procurement (5307) $18945171. Purchase 27 40-FT Hybrid Replacement BUSES.3. Bus Procurement (5307) $240000.4. Bus Procurement (5339) $3399087. Purchase 5 40-FT Hybrid Replacement BUSES.5. Paratransit Fleet Replacement (5307) $5417120.6. Downtown San Jose Speed Improvements (5307) $8480000.7. Bus Charging at Cerone (5307) $280000.8. Hvac Replacement Project (5307) $1622600.9. Security Enhancement at Chaboya Parking Lot (5307) $480000.FUNDING Source:fy 2016 Section 5307: $357401 (80%)FY 2021 Section 5307: $39140485 (80%)FY 2021 Section 5339: $3399087 (80%)LOCAL Match (1976 -cent Sales Tax): $10724243 (20%)TOTAL Grant: $53621216 (100%)PURPOSE: This Grant Requests Fta Section 5307 and 5339 Funds to Implement Multiple Projects That Address Specific Needs Identified in the Metropolitan Transportation Commissions Fy 2020-21 Transit Capital Priorities (TCP) Program.activities to Be Performed: This Grant Will Be Used to Complete Multiple Projects Including Bus Procurement and Additional Projects Further Specified in Subsequent Sections of This Application.expected Outcomes: This Grant Will Provide Various Benefits as Specified in Subsequent Sections of This Application.intended Beneficiaries: Transit Riders Throughout Santa Clara County and Vtas Operations Division.subsequent Activities: Details of Subsequent Activities Will Be Provided Throughout This Application.
Committed
$42.9 Million
Paid out
$5.0M
12%
Committed, not yet paid
$37.9M
88%
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The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
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One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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