Federal grant · project grant (b)
This Award Obligates Section 5337 Funds Apportioned in the Amount of $1150490075 for New York City Transits Rolling Stock Purchase. This Award Uses $230098015 in Transportation Development Credits for Match. the Toll Credit Approval for Appropriations Through and Including Ffy 2022 Is Attached. Purpose of the Award: This Award Will Assist the Mta to Invest Capital Funding Into Its Assets/infrastructure Maintained by Nyct. Activities to Be Performed: This Application Scope of Work Includes a Rolling Stock Purchase for Nyct. Expected Outcomes: This Application Will Support the Mtas Need to Rehabilitate and Replace Assets to Achieve a State of Good Repair. Intended Beneficiaries: the Mta and Its Ridership. Subrecipient Activities: the Mta Does Not Have Subrecipients Under This Award.the Section 5337 Funds Will Be From Ffys 2020 2021 and 2022 Allocations From the New York Area. a Table Is Attached in Trams Under Application Documents to Show the Amounts Used by Fiscal Year and Funding Program (see File: Mta Usage Available FUNDING_1786-2022-10). the Mta Requests That the Fta Obligate the Required Funds for This Application From the Available Fund Balances.this Award Includes the Following PROJECTS:P1 Nyct Purchase 640 R211 B-division Railcars CM09-6891 and SI0-96891 (T8010102) (2022-BIL-TF) P2 Nyct Purchase 640 R211 B-division Railcars CM09-6891 and SI0-96891 (T8010102) (2020 2021-FAST Act-tf)
Committed
$1.2 Billion
Paid out
$1.1B
92%
Committed, not yet paid
$94.5M
8%
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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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