Other Reports

Intercity Freight and Passenger Rail: State and Local Project Reference Guide - Public-Private Partnership and TEA-21

  • 01
  • Apr
  • 2001
AUTHOR: Federal Railroad Administration
OFFICE: RPD
SUBJECT: Evaluation
KEYWORDS: Mergers, Rail Project Opportunities, Transportation Equity Act for the 21st Century
ABSTRACT: [From the Introduction] On June 9, 1998, the President signed into law PL 105-178, the Transportation Equity Act for the 21st Century (TEA-21) authorizing highway, highway safety, transit and other surface transportation programs for the next six years. TEA-21 builds on the initiatives established in the Intermodal Surface Transportation Efficiency Act of 1991 (!STEA), which was the last major authorizing legislation for surface transportation. This report is an update of the U.S. DOT FRA September 1996 report entitled Intercity Freight and Passenger Rail: State and Local Reference Guide. Public - Private Partnerships and !STEA: planning, evaluating and financing public benefit rail infrastructure projects. This Federal Railroad Administration (FRA) reference guide is designed as a document to assist local and state planners and decision makers in considering rail projects in their transportation plans and programs and in determining cost-effective allocation of scarce transportation resources. It discusses: (1) the transportation planning process; (2) intercity rail project evaluation; (3) project priority setting; ( 4) project opportunities under the Transportation Equity Act for the 21st Century (TEA-21 ); (5) assessment of projects' environmental/societal benefits; and (6) innovative financing mechanisms that can be employed to advance public benefit rail projects. Examples are presented to illustrate how project funding might be structured. Each section identifies contacts within FRA.

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