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Treatment of Carryover Funds Under the FAST Act

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U.S. Department of
Transportation
Federal Highway
Administration


Memorandum


Subject: INFORMATION: Treatment of Carryover Funds Under the FAST Act Date: February 12, 2016
From: Brian R. Bezio [Signed]
Chief Financial Officer
In Reply Refer To: HCFB-30
To: Associate Administrators
Chief Counsel
Directors of Field Services
Division Administrators
Division Directors

The Fixing America’s Surface Transportation Act (FAST Act) implementation will be similar to MAP-21 implementation in terms of applying the policy regarding treatment of carryover funds for continued, consolidated, and discontinued programs. The attached table summarizes the treatment of carryover funding for many pre-FAST Act programs.

Generally speaking, there are three categories to consider when determining which rules apply when obligating carryover funds: "old rules" (MAP-21) or "new rules" (FAST Act).

The information above should serve as a helpful guide. However, should you have specific questions about the application of old or new rules, please contact Anthony DeSimone in the Office of the Chief Financial Officer at (317) 226-5307 or Steve Rochlis in the Office of the Chief Counsel at (202) 366-1395. For program specific eligibilities, please contact the appropriate program office.

Attachment

Best for printing: carryovermemo20160212.pdf (381 KB)

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Page posted on March 9, 2016
Federal Highway Administration | 1200 New Jersey Avenue, SE | Washington, DC 20590 | 202-366-4000