FASTLANE APPLICATIONS ARE OPEN
A new window has opened for applying for FASTLANE grants. We invite you to contact us to review your project strategy and discuss viability in the context of what the Government is looking for, and what the likely competition will be. With our Washington DC office, we are well-prepared to help you vet your project and shape into a strong contender for federal funds. Keep in mind the closing date for this round of applications is December 15th, so acting soon is very important.
The U.S. Department of Transportation on Friday opened the second round of its FASTLANE grant program to state and local applicants seeking to build critical freight-related highway and intermodal infrastructure.
The FASTLANE (Fostering Advancements in Shipping and Transportation for the Long-Term Achievement of National Efficiencies) program was established by the FAST Act, enacted at the beginning of the year, to provide $4.5 billion in discretionary grants over five years for large multi-modal projects. The DOT is primarily looking for significant highway, rail, port, and inter-modal freight projects in excess of $100 million as the federal government tries to increase the nation’s ability to handle freight volumes, which are projected to grow 45 percent over 30 years.
States, local agencies, special-purpose districts, public authorities and other entities - alone or in partnerships - are eligible for grants.
The DOT said it will award up to $850 million for the second round of FASTLANE for the 2017 fiscal year. Applications will be accepted through Dec. 15 at www.grants.gov.
“Across the country, there are sidelined projects that are essential to America’s cities and our transportation network, and leveraging a FASTLANE grant from the Build America Bureau can move many of these projects forward,” Transportation Secretary Anthony Foxx said in a statement. “FASTLANE grants give us an opportunity to identify and invest strategically in those projects that are critical to keeping our nation’s economic engine running.”
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