Wednesday, January 11, 2012

BART Silicon Valley Berryessa Extension days from receiving federal grant

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California's Santa Clara Valley Transportation Authority was notified by the Federal Transit Administration that VTA's $900 million grant request for the Bay Area Rapid Transit Silicon Valley Berryessa Extension Project has received all of the administrative approvals. VTA is now 60 days away from being awarded the anticipated funds through a full funding grant agreement.

The execution of an FFGA with the U.S. Department of Transportation is the final step before active construction can commence on the project, planned for spring of this year. The FFGA is the multi-year contractual agreement between the FTA and VTA that formally defines the project scope, cost and schedule and establishes the terms of the $900 million in federal financial assistance.

"The BART Silicon Valley Project has gone through years of design and planning and I am proud to see this important, job-creating project becoming a reality," said U.S. Congressman Mike Honda (D-Calif.). "As a current Member of the House Appropriations Committee and a former Member of the House Transportation Committee, I promised my constituents that I would fight to ensure that the BART Silicon Valley Project receives the federal funds that it deserves and today's news is one step closer to making good on that promise."

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