- Briefing Room
U.S. Department of Transportation
Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC 20590
|Fiscal Year (FY) 2015 Redistribution of Transportation Infrastructure Finance and Innovation Act (TIFIA) Funds and Associated Obligation Limitation|
|Classification Code||Date||Office of Primary Interest|
|N 4510.783||April 24, 2015||HCFB-10|
What is the purpose of this Notice? This Notice transmits the FY 2015 redistribution of Transportation Infrastructure Finance and Innovation Act (TIFIA) funds and associated obligation limitation pursuant to section 608(a)(4) of title 23, United States Code (U.S.C.). A total of $639,926,776 is redistributed to the States. The distribution of these funds and obligation limitation is shown in the attached table.
How is the redistribution determined?
For each fiscal year, if the cumulative unobligated and uncommitted balance of TIFIA funding available as of April 1 under the Moving Ahead for Progress in the 21st Century Act (MAP-21), Public Law 112-141, exceeds 75 percent of the amount made available to carry out chapter 6 of title 23, U.S.C., for that fiscal year as of April 1, the amount of funds and associated obligation authority in excess of that amount is distributed to the States.
Such funds and associated obligation limitation are each redistributed among the States in the same proportion as the distribution of formula obligation limitation (prior to any penalties) for that fiscal year, as of April 1. The redistribution under this Notice is based on the formula obligation limitation reflected in Federal Highway Administration Notice 4520.232.
What is the availability of the redistributed funds?
These funds are available until expended.
The funds resulting from this distribution are available immediately and shall be subject to obligation controls in force at the time of obligation. These funds are subject to the formula obligation limitation.
The Federal share payable shall be in accordance with section 120 of title 23, U.S.C., except as provided by another provision of law.
The funds are available for any purpose described in section 133(b) of title 23, U.S.C.
The program code to be used when obligating these funds is M040.
The Catalog of Federal Domestic Assistance (CFDA) number for these funds is 20.205.
What is the availability of the redistributed obligation limitation? The redistributed obligation limitation is provided to the States as regular formula obligation limitation. This obligation limitation will expire at the end of FY 2015.
What action is required? Division Administrators should ensure that copies of this Notice are provided to the State departments of transportation.
Gregory G. Nadeau
U.S. DEPARTMENT OF TRANSPORTATION
FEDERAL HIGHWAY ADMINISTRATION
TRANSPORTATION INFRASTRUCTURE FINANCE AND INNOVATION ACT (TIFIA)
REDISTRIBUTION FOR FISCAL YEAR 2015 PURSUANT TO
SECTION 608 OF TITLE 23, UNITED STATES CODE
|STATE||CONTRACT AUTHORITY (PROGRAM CODE M040)||FORMULA OBLIGATION LIMITATION|
|DISTRICT OF COLUMBIA||2,607,628||2,607,628|