The Transportation Department will provide up to $1.5 billion in discretionary grants through its Better Utilizing Investments to Leverage Development (BUILD) program that aims to support surface transportation infrastructure projects.
DOT said Friday it issued a notice of funding opportunity for the FY 2018 round of the BUILD Transportation Discretionary Grants program that will award up to $25 million for each selected project, and a ceiling of $150 million per state for the current round of awards.
The department will conduct webinars towards the end of May and through June to provide technical assistance for stakeholders of the BUILD program.
DOT will accept applications for the current solicitation until July 19.
The Consolidated Appropriations Act of 2018 provided $1.5 billion to fund the grant also known as National Infrastructure Investments through Sept. 30, 2020.
BUILD is meant to replace the department’s existing Transportation Investment Generating Economic Recovery grant program and can support projects for bridges, ports, rails, roads, transit and intermodal transportation.
Projects will be selected through a competitive process and based on a set of criteria.
DOT plans to award more funds to rural projects with an allocation of at least 30 percent of the BUILD grant in support of the administration’s Infrastructure Initiative.
