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DOT/FTA

RIN: 2132-AB02

Publication ID: Spring 2013

Title: Major Capital Investment Projects (RRR)
Abstract: This rulemaking will create a new regulatory framework for FTA´s evaluation and rating of projects seeking funding under the discretionary New Starts and Small Starts programs authorized by 49 U.S.C. 5309. Specifically, this rulemaking will simplify the measures for assessing the mobility improvements and cost-effectiveness of projects; will place greater emphasis on the environmental benefits of projects and the effects of projects on local economic development; will clarify the criteria for assessing the local financial commitment of project sponsors; will streamline the evaluation process for projects that remain within a certain envelope of cost and scope during the project development process; and will provide a very quick evaluation process for certain types of projects seeking funding under the Small Starts program.
Agency: Department of Transportation(DOT)	Priority: Economically Significant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Completed Actions
Major: Yes	Unfunded Mandates: No
CFR Citation: 49 CFR 611
Legal Authority: 49 USC 5309

Legal Deadline:

Action	Source	Description	Date
Final	Statutory	Final Rule by	04/07/2006

Timetable:

Action	Date	FR Cite
ANPRM	06/03/2010	75 FR 31383
Comment Period End	08/02/2010
NPRM	01/25/2012	77 FR 3848
NPRM Comment Period End	03/26/2012
Final Rule	01/09/2013	78 FR 1992
Final Rule Effective	04/09/2013

Additional Information: Includes Retrospective Review under E.O.13563: Anticipated cost savings: FTA estimates current overall New and Small Starts annual paperwork burden hours to be approximately 275 hours for each of the estimated 135 respondents totaling 37,070 hours and annual costs totaling $2,780,250. The proposals in the NPRM and accompanying proposed guidance, if adopted, would modify the time required to prepare and submit an applications. Thus, FTA estimates burden hours would be approximately 260 hours for each of the estimated 135 respondents totaling 35,070 hours and annual costs totaling $2,630,250. These and other paperwork requirement trade-offs were an express objective in developing this NPRM. SB - N IC - N SLT - Y This item encompasses the third and fourth FTA item in the August RRR plan.
Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Small Entities Affected: No	Federalism: No
Included in the Regulatory Plan: No
RIN Information URL: www.regulations.gov	Public Comment URL: www.regulations.gov
RIN Data Printed in the FR: No
Agency Contact: Candace Key Department of Transportation Federal Transit Administration 1200 New Jersey Avenue SE, Washington, DC 20590 Phone:202 366-4000 Email: candace.key@dot.gov