FTA sends RTD
Written by jrood
On May 2, the Federal Transit Administration sent the Regional Transportation District of Denver's Full Funding Grant Agreement for $1.03 billion to Congress for the required 60-day review period. This is FTA's notification that it intends to award the FFGA to RTD for its Eagle P3 Project, giving members of Congress and their staff an opportunity to review the FFGA and ask clarifying questions about it. This is the final step before FTA can award the $1.03 billion FFGA to RTD Following this 60-day period, FTA and RTD will hold a signing ceremony, which is the official execution of the FFGA. The $1.03 billion grant will help fund the East Rail Line to Denver International Airport and the Gold Line to Arvada and Wheat Ridge, which are the core of RTD's Eagle P3 project.
