Use of federal assistance for private-operator capital cost in UMTA's (Urban Mass Transportation Administration's) Entrepreneurial Services Challenge Grant Program
Dynamic changes in travel patterns stepped up the need for alternative transit service. The explosive growth of employment in the suburbs and the increasing number of city-to-suburb and inter-suburban trips have created 'new markets' that require more flexible and smaller-scale approaches than those provided by large centralized transit systems. UMTA has developed a program to respond to these 'new market' needs--The Entrepreneurial Services Challenge Grant Program (ESCGP). It features start-up capital costs support to entrepreneurs and supports the cost of a provider's own equipment purchase or lease (instead of UMTA buying vehicles and leasing or donating them to a provider). The idea behind the ESCGP is to help start new private transit services that can eventually operate without public subsidy. The program is directed toward two groups: equipment lessors and the entrepreneurial transit service providers. The report presents the ESCGP in detail and illustrates its application through case studies.
- Research Organization:
- Price Waterhouse Co., Washington, DC (USA)
- OSTI ID:
- 5052085
- Report Number(s):
- PB-90-120171/XAB
- Country of Publication:
- United States
- Language:
- English
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29 ENERGY PLANNING
POLICY AND ECONOMY
MASS TRANSIT SYSTEMS
FINANCING
URBAN AREAS
CAPITALIZED COST
ECONOMIC ANALYSIS
FEDERAL ASSISTANCE PROGRAMS
GOVERNMENT POLICIES
MANAGEMENT
OPERATING COST
OWNERSHIP
COST
ECONOMICS
TRANSPORTATION SYSTEMS
320200* - Energy Conservation
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291000 - Energy Planning & Policy- Conservation
290200 - Energy Planning & Policy- Economics & Sociology