-2 A great deal of effort and cooperation have been undertaken by The cash drawdown schedule for the disbursement of funds to complete contract commitments is estimated to be as follows: NOTE: Distribution of these costs by contract section is detailed in Exhibit A of the final project application, dated September 11, 1975. APPROVED PROJECT BUDGET September 1975 Project No. IT-23-9001 Washington Metropolitan Area Transit Authority and Government of the District of Columbia Project budget items and corresponding cost estimates are as follows: November 18, 1975 Request No. 15 Submit documentation of your consultations with UMTA regarding Extensive discussions have been held with key UMTA staff relative to capitalization of rail start-up costs. These start-up costs involve pre-operation testing and training. The basis for the estimates were provided, indicating the length of training for rail employees and the extensive nature of the test program to assure safe and reliable operations (similar to data provided the Committee in this set of questions). UMTA has stated that they will make a decision within the next several weeks. tion will be on an 80 percent Federal/20 percent local basis, using funds from the highway transfer program. If the decision of UMTA is not favorable, funding for capitalization will continue to be from the Federal grant on a two-thirds Federal, one-third local basis. Thus, the UMTA decision on capitalization will determine whether one-third local funding or 20 percent local funding will be applied. Adequate funding under the two-thirds/onethird grant program are available for capitalization of start-up costs. If the decision is favorable, funding for capitaliza With the approval last October of a substitute transit project for The opportunity now exists for all governments within the Washington The WMATA staff has requested guidance on a number issues that involve 1. Contract reviews for Part A grant. We have arranged to meet number of these opportunities have been identified by the Department's the Part A contracts. |