5b. Are contingency amounts available to unanticipated cost increases? 6. Is it the case that the project cannot be easily and efficiently completed without other federal funding or financial assistance available to the project sponsor? 7. Is the project reasonably expected to begin construction not later than 18 months after the date of obligation of funds for the project? In responding to the Large Project Requirements, here are some guidelines which may assist you in completing your application: -National or regional economic, mobility, and safety benefits, as well as a contribution to national goals, are often demonstrated in the Merit Criteria section of the application. -NEPA completion is a sufficient indication the project is based on the results of preliminary engineering. For more information on preliminary engineering activities, please see: https://www.fhwa.dot.gov/federalaid/150311.cfm -Historical trends, current policy, or future feasibility analyses can be used as evidence to substantiate the stable and dependable nature of the non-federal funding or financing committed to the project construction, operation, and maintenance. -Contingency amounts are often, but not always, expressly shown in project budgets or the SF-424C. If your project cost estimates include an implicit contingency calculation, please say so directly. -Discussing the impact that not having any federal funding, including a FASTLANE grant, would have on project’s schedule, cost, or likelihood of
5b. Are contingency amounts available to unanticipated cost increases? 6. Is it the case that the project cannot be easily and efficiently completed without other federal funding or financial assistance available to the project sponsor? 7. Is the project reasonably expected to begin construction not later than 18 months after the date of obligation of funds for the project? In responding to the Large Project Requirements, here are some guidelines which may assist you in completing your application: -National or regional economic, mobility, and safety benefits, as well as a contribution to national goals, are often demonstrated in the Merit Criteria section of the application. -NEPA completion is a sufficient indication the project is based on the results of preliminary engineering. For more information on preliminary engineering activities, please see: https://www.fhwa.dot.gov/federalaid/150311.cfm -Historical trends, current policy, or future feasibility analyses can be used as evidence to substantiate the stable and dependable nature of the non-federal funding or financing committed to the project construction, operation, and maintenance. -Contingency amounts are often, but not always, expressly shown in project budgets or the SF-424C. If your project cost estimates include an implicit contingency calculation, please say so directly. -Discussing the impact that not having any federal funding, including a FASTLANE grant, would have on project’s schedule, cost, or likelihood of
S10-161018-020%20FY17%20FASTLANE%20NOFO%20FINAL%2010.28.docx