The Federal Transit Administration (FTA) requires all state agencies receiving federal funding for the design and construction of rural and small urban transit facilities submit independent cost estimates from their sub-recipients for both design and construction as part of the application and grant implementation process. There appears to be no local or national standard methodology or criteria for developing independent cost estimates associated with the design or construction of these types of transit facilities at the application stage.
OJBECTIVE
The objective of this research is to produce guidance for use by state transit agencies in assisting their sub-recipients with preparing and reviewing accurate design and construction cost estimates.
The report includes a Prototype Tool to Support Independent Cost Estimates (Conceptual Phase) for Design and Construction of Transit Facilities in Rural and Small Urban Areas.
Research Results Digest 397, Independent Cost Estimates for Design and Construction of Transit Facilities in Rural and Small Urban Areas,is available for download from the TRB website.
