Other Basis for FTA Participation. The Recipient agrees that if federal law or FTA permits an Underlying Agreement to be financed on a basis other than its “Net Project Cost,” as defined in 49 U.S.C. § 5302, or under previous authorizing legislation:
(i) FTA will provide federal assistance for all or part of the cost of the Underlying Agreement that is eligible for federal assistance;
(ii) In some instances, FTA has discretion to determine the amount of federal assistance to provide for each specific Project or related activities; and
(iii) FTA will use the amount stated in the Underlying Agreement as the “Total Award Budget” to calculate the “Total FTA Amount Awarded and Obligated.”
Other Basis for FTA Participation. For any Project not required by Federal law or FTA to be financed on the basis of its “Net Project Cost” as defined by 49 U.S.C. § 5302(a)(8), FTA intends to provide Federal assistance to the Recipient for all or part of the total Project cost that is eligible for Federal assistance. Therefore, the amount stated as the “Estimated Total Eligible Cost” on the Grant Agreement or Cooperative Agreement for the Project is the amount that forms the basis on which FTA will calculate the amount of Federal assistance awarded for the Project.
Other Basis for FTA Participation. If Federal law or FTA permits a Project to be financed on another basis than its “Net Project Cost,” as defined in 49 U.S.C. § 5302, as amended by MAP-21, or under applicable previous authorizing legislation:
(a) FTA will provide Federal funds for all or part of the estimated Project cost that is eligible for Federal funding,
(b) In some instances, FTA has discretion to determine the amount of Federal funding to provide for a specific Project, and
(c) FTA will use the amount stated in the Underlying Agreement awarding funding for the Project as the “Estimated Total Eligible Cost” to calculate the “Maximum FTA Amount Awarded.”
Other Basis for FTA Participation. If Federal law or FTA permits a Project to be financed on another basis than its “Net Project Cost” as defined in 49 U.S.C. § 5302, as amended by MAP-21, or 49 U.S.C. § 5302 under applicable previous authorizing legislation: “Maximum FTA Amount Awarded.”
