[Code of Federal Regulations]

[Title 49, Volume 4]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 49CFR268.17]



[Page 854-855]

 

                        TITLE 49--TRANSPORTATION

 

       CHAPTER II--FEDERAL RAILROAD ADMINISTRATION, DEPARTMENT OF 

                             TRANSPORTATION

 

PART 268_MAGNETIC LEVITATION TRANSPORTATION TECHNOLOGY DEPLOYMENT 

PROGRAM--Table of Contents

 

              Subpart B_Procedures For Financial Assistance

 

Sec. 268.17  Project selection criteria.



    Except as qualified by Sec. 268.19, the following criteria will 

govern FRA's selection of projects to receive funding under the Maglev 

Deployment Program.

    (a) Purpose and significance of the project. (1) The degree to which 

the project description demonstrates



[[Page 855]]



attractiveness to travelers, as measured in passengers and passenger-

miles.

    (2) The extent to which implementation of the project will reduce 

congestion, and attendant delay costs, in other modes of transportation; 

will reduce emissions and/or energy consumption; or will reduce the rate 

of growth in needs for additional highway or airport construction. 

Measures for this criterion will include but not be limited to the 

present value of congestion reduction, pollution reduction, and/or 

facility cost-avoidance benefits.

    (3) The degree to which the project will demonstrate the variety of 

operating conditions which are to be expected in the United States.

    (4) The degree to which the project will augment a Maglev corridor 

or network that has been identified, by any State, group of States, or 

the FRA, as having Partnership Potential.

    (b) Timely implementation. The speed with which the project can 

realistically be brought into full revenue service, based on the project 

description and on the current and projected development status of the 

Maglev technology selected by the applicant for the project.

    (c) Benefits for the American economy. The extent to which the 

project is expected to create new jobs in traditional and emerging 

industries in the United States.

    (d) Partnership potential. The degree to which the project 

description demonstrates Partnership Potential for the corridor in which 

it is involved, and/or for the project independently.

    (e) Funding limits and sources. (1) The extent and proportion to 

which States, regions, and localities commit to financially contributing 

to the project, both in terms of their own locally-raised, entirely non-

Federal funds, and in terms of commitments of scarce Federal resources 

from non-Maglev funds; and

    (2) The extent and proportion to which the private sector 

contributes financially to the project.



    Note to Sec. 268.17: FRA recognizes that applicants for 

preconstruction planning assistance may not have detailed information 

with respect to each of these criteria, and that the purpose of the 

preconstruction planning assistance is to develop much of this 

information with respect to a particular Maglev project. The 

preconstruction planning application requirements of this part 268 are 

designed to elicit whatever information an applicant may have pertaining 

to these criteria.