USDOT seeks applications for $850 million in FASTLANE grants

USDOT

The U.S. Department of Transportation’s (USDOT) Build America Bureau is urging applicants to submit proposals for as much as $850 million in Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies (FASTLANE) grants.

 “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,” U.S. Transportation Secretary Anthony Foxx said. “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.”

Representatives say the FASTLANE program was established through the Fixing America’s Surface Transportation (FAST) Act to support freight and highway projects nationwide.

The FAST Act authorized the program at $4.5 billion for fiscal years 2016 through 2020, with $850 million for fiscal year 2017 to be awarded by Secretary  Foxx.

The USDOT previously announced 18 projects chosen to be awarded $759 million in FASTLANE funding in September, representatives said.

During the initial call for FASTLANE grants, USDOT received 212 applications for grants valued at nearly $9.8 billion, which officials say highlighted the need for infrastructure investments throughout the country.

The deadline to submit applications is Dec. 15, 2016, at 8 p.m. Applications can be submitted for review here.  

More information about FASTLANE grants is available here.