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exceed 80 percent of future eligible project costs. This information <br /> should also show that local share for the FASTLANE grant is not <br /> counted as the matching requirement for another Federal program. <br /> iv) A detailed project budget containing a breakdown of how the funds <br /> will be spent. That budget should estimate—both dollar amount and <br /> percentage of cost—the cost of work for each project component. If <br /> the project will be completed in individual segments or phases, a <br /> budget for each individual segment or phase should be included. <br /> Budget spending categories should be broken down between <br /> FASTLANE, other Federal, and non-Federal sources, and this <br /> breakdown should also identify how each funding source will share in <br /> each activity. <br /> v) Amount of requested FASTLANE funds that will be spent on <br /> highway, bridge, freight intermodal or freight rail, port, grade crossing <br /> or grades separation project components. <br /> e. Cost-Effectiveness analysis should demonstrate that the project is likely <br /> to deliver its anticipated benefits at reasonable costs. Applicants should <br /> delineate each of their project's expected outputs and costs in the form of <br /> a complete Benefit-Cost Analysis (BCA)to enable the Department to <br /> consider cost-effectiveness (small projects) or determine whether the <br /> project is cost effective (for large projects). The primary economic <br /> benefits from projects eligible for FASTLANE grants are likely to include <br /> time savings for passenger travel and freight shipments, improvements in <br /> Page 24 of 48 <br />