23 CFR 661.33 - What percentage of TTFBP funding is available for PE and construction?

Regulations last checked for updates: Nov 22, 2024

Title 23 - Highways last revised: Jan 01, 1900

View all text of Part 661 [§ 661.1 - § 661.57]

§ 661.33 - What percentage of TTFBP funding is available for PE and construction?

(a) Up to 15 percent of the funding made available in any fiscal year will be eligible for PE. The remaining funding in any fiscal year will be available for construction.

(b) At various times during the fiscal year, FHWA will review the TTFBP funding and may shift funds between PE and construction funds to maximize the number of projects funded and the overall effectiveness of the program.

authority: 23 U.S.C. 120(j) and (k), 202, and 315; 49 CFR 1.81, 1.84, 1.85; 23 CFR part 490, subpart D

source: 89 FR 57082, July 12, 2024, unless otherwise noted.

cite as: 23 CFR 661.33