The 6.7-mile light-rail project becomes the second to enter the pilot program intended to speed delivery of certain transit capital projects.
The project’s current capital cost is estimated at $3.635 billion with FTA intending to obligate 25 percent of the final net capital project cost or $908.75 million, which ever is the less amount.
The project includes 11 stations, nine traction power substations, overhead contact system, 34 vehicles and a maintenance and storage facility.
The EPD Pilot Program aims to expedite the delivery of new fixed guideway capital projects, small starts projects or core capacity improvement projects.
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