Note: The Section is currently 133(g)(3)
 U.S. Department of Transportation Federal Highway Administration |
MEMORANDUM |
| Subject: | Information: Retroactive use of Credits - Program for Bridges not on Federal-aid Highways, 23 USC 144(m) | Date: | June 15, 2012 |
| From: | /s/ Original Signed by Joey Hartmann for M. Myint Lwin, P.E., S.E. Director, Office of Bridge Technology |
In Reply Refer To: | HIBT-30 |
| To: |
Directors of Field Services Division Administrators |
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This memorandum is to provide guidance on retroactive application of credits stemming from construction costs associated with bridge projects not on a Federal-aid highway that are wholly funded from State and local sources. Credits resulting from such projects may be applied prospectively to the non-Federal share at any time during the development and implementation of eligible Highway Bridge Program (HBP) projects or activities. While such credits may be applied after the date of project authorization, they may not be applied to progress vouchers previously reimbursed.
The project agreement or modification should indicate what the Federal share is and that the credits are being used in lieu of all or part of the required State match, resulting in up to 100 percent Federal funds being used on the project. Although up to 100 percent of the funding for a HBP project might be from Federal funds because of credits, the Federal share established in the law does not change.
If you have any questions, please contact Everett Matias (202) 366-6712 (Everett.Matias@dot.gov) or Mr. Tom Everett (202) 366-4675 (Thomas.Everett@dot.gov) of my staff.
cc:
BRIDGE_DIVISION