Report to Congress on Leasing Arrangements
This report responds to the requirements in the Fixing America’s Surface Transportation (FAST) Act (Pub. L. 114-94), Section 3019–Innovative Procurement, subsection (c) entitled “Leasing Arrangements.” The statute requires the Secretary of Transportation to prepare and make public an annual report that includes the following information from this subsection: 1) inventory of rolling stock and related equipment under grantee lease agreements, 2) detailed description of the new leasing arrangements program activities, and 3) evaluation of the leasing arrangements program, including grantee data, benefit-cost analysis, and comparison of expected shortand long-term maintenance costs. In 2016, the Federal Transit Administration (FTA) began implementing the new requirements under Section 3019(c); all activities completed to date are incorporated in this report. The report also includes FTA’s plan to fully implement all requirements of the leasing arrangements program in 2017. This report is available to the public at https://www.transit.dot.gov/about/research-innovation.
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Corporate Authors:
Federal Transit Administration
Office of Budget and Policy, 1200 New Jersey Avenue, SE
Washington, DC United States 20590Federal Transit Administration
Office of Research, Demonstration and Innovation
1200 New Jersey Avenue, SE
Washington, DC United States 20590 - Publication Date: 2016-12
Language
- English
Media Info
- Media Type: Digital/other
- Edition: Report to Congress
- Features: Tables;
- Pagination: 14p
Subject/Index Terms
- TRT Terms: Annual reports; Grant aid; Leasing; Regulations; Rolling stock
- Identifier Terms: Fixing America’s Surface Transportation (FAST) Act
- Subject Areas: Finance; Public Transportation; Vehicles and Equipment;
Filing Info
- Accession Number: 01645137
- Record Type: Publication
- Report/Paper Numbers: FTA Report No. 0110
- Files: NTL, TRIS, ATRI, USDOT
- Created Date: Aug 29 2017 11:59AM