Officials explained last night, at a County Board meeting, that the Federal Transit Administration rejected its request for $75 million in grant funding because the total project cost was estimated to exceed the $250 million — the cap for projects to receive funding under the FTA’s Small Starts program.
Though pegged by the county at $245.9 million, a contractor hired by the FTA estimated the project cost to instead be between $255.9 and $402.4 million, including contingencies, and thus ineligible for a Small Starts grant. The contractor said $310.1 million was “a most likely cost.”