Federal Transit Administration issues final rule on private investment project procedures

By Mischa Wanek-Libman, Editor, RT&S Magazine; May 30, 2018

The Federal Transit Administration (FTA) issued a final rule aimed at promoting private participation and investment in projects.

FTA says the Private Investment Project Procedures (PIPP) Final Rule describes new procedures aimed at helping the federal government develop more effective approaches to spurring private participation and investment in project planning, development, finance, design, construction, maintenance and operations.

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