Department of Transportation, Federal Transit Administration: Major Capital Investment Projects
GAO-13-328R: Jan 30, 2013
- Full Report:
GAO reviewed the Department of Transportation, Federal Transit Administration's (FTA) new rule on major capital investment projects. GAO found that the final rule sets a new regulatory framework for FTA's evaluation and rating of major transit capital investments seeking funding under the discretionary "New Starts" and "Small Starts" programs; and FTA complied with applicable requirements in promulgating the rule.