Companies invited to apply for the Cost Share Programme for transport projects

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USA: The Kansas Department of Transportation (KDOT) has launched a new programme designed to provide state funding for transportation projects while also leveraging local and private funding.

The new Cost Share Program will provide funding to local entities for transportation projects that improve safety, support job retention and growth, improve access or mobility, relieve congestion and help areas across the state improve the transportation system.

Up to $50 million will be available in the program for fiscal year 2020. The on-going program, which has at least $11 million available, requires a minimum of 15% non-state cash match. Additional consideration will be given to project applications that commit more than the minimum required match amount. The funding above the base $11 million comes from a one-time, $50 million State General Fund transfer. A minimum 25% match is required for projects to qualify for the one-time funds.

The Cost Share Program is open to all transportation projects including roadway (on and off the state highway system), rail, airport, bicycle/pedestrian and public transit. Funds from the program can only be used for construction.

“Creating the Cost Share Program allows us to leverage both state and local dollars to help address important transportation needs across Kansas,” said Kansas Secretary Julie Lorenz. “We look forward to working with Kansas communities to build projects that improve safety and keep the Kansas economy moving.”

Applications will be accepted on an ongoing basis beginning 3 September 2019, and will be reviewed twice annually, in October and March. To be included in the first review period, applications must be submitted by 11 October 2019. Selection criteria will include consideration of projects that meet programme objectives, eligibility categories and requirements. Geographic distribution also will be considered during project selection. More details can be found here: http://www.ksdot.org/Assets/wwwksdotorg/Headquarters/PDF_Files/pressrelease2019/Cost_Share_Program.pdf