Download presentation
Presentation is loading. Please wait.
1
Maine Regional Railways Project TIGER 7 Award
3
Goals of the Maine Regional Rail Project a) Restore a critical component of the national rail system to a state of good repair improving both the reliability and resiliency in a key transportation corridor vital to the regional forest products industry and supportive of export initiatives. b) Improve the accessibility and long-term prospects for the economy and the environment in an economically challenged region by improving the transportation system that is vital to industry and the jobs that they support. c) Remove key bottlenecks and increase velocity for rail traffic creating a virtuous cycle allowing for greater capacity and subsequent future investment resulting in further improvements to the economic competitiveness of the region. d) Leverage the unique partnership of three (3) railroads uniting and contributing to create a better corridor where each plays a crucial and inseparable role.
5
* MaineDOT awarded $20M in Federal funding under the USDOT TIGER VII Program *The Maine Regional Railways Project has a total project cost of $37M and involves 3 private rail operators, MaineDOT and USDOT. Funding Breakdown Total Project Cost $37,348,516 USDOT TIGER $20,000, % Railroad Match $14,539,406 39% MaineDOT Match $ 2,809, %
6
Maine Intermodal Port Productivity Project 2016 FASTLANE Award
8
Fund Source and Use Project Amount
FASTLANE Grant Funds $7,719, % Maine DOT State Bond Funding $4,500, % CMAQ $2,189, % FHWA Section 130 Crossing Program $ , % Pan Am Railways $ , % TOTAL $15,438, %
9
Maine Railroad Bridge Capacity Project 2017 FASTLANE Application
11
Fund Source and Use Project Amount Project Percentage
FASTLANE Grant Funds $7,890, % Maine DOT State Bond Funding $5,640, % Maine Northern Railways $2,000, % Northern Border Regional Commission $ 250, % TOTAL $15,780, %
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.