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Friday, June 13, 2008

Financing transition projects

"Transition" projects are projects which are programmed for implementation in the current (FY 2007-FY 2010) TIP/STIP but which, for either scheduling or obligation authority limitation reasons, are not actually available for implementation until after October 1, 2007, when the planned (FY 2008-FY 2011) TIP/STIP takes effect. To provide a smooth transition between one TIP/STIP period and the next, New Jersey's MPOs and appropriate state and federal agencies have agreed that the first 60 days after approval of the FY 2008-FY 2011 STIP will be considered a transition period, in which projects included in the FY 2007-FY 2010 STIP will be considered eligible for federal funding actions, even though they are not included in the FY 2008-FY 2011 STIP. This list of "Transition" projects is found in Section V of document and is based on current schedule information.

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