FTA raises cost thresholds for federal transit project oversight
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Table of Contents
The Federal Transit Administration has updated its rules for when major transit projects require extra management oversight. The agency is raising the total cost threshold from $300 million to $400 million and the required federal investment threshold from $100 million to $150 million.
Why it matters: This is an administrative adjustment that reduces the number of transit projects subject to strict federal management reviews. It does not change how funds are awarded or spent, but it does change which projects must submit detailed oversight plans and undergo regular risk assessments by the FTA.
Who it affects
- Public transportation agencies planning fixed guideway construction, expansion, or rehabilitation
This final rule was issued by the Federal Transit Administration and published in the Federal Register; readers should verify the specific regulatory text at 49 CFR part 633 before making compliance decisions.
Agency: Transportation Department, Federal Transit Administration
Source: Federal Register — read the official document