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2012 ACEA Annual Conference. May 5-6, 2012 Orange Beach, AL. Federal Aide Funding Update. Overrunning the project How it works prior to the Letting How it works after the Letting. Overrunning the project. Prior to the Letting Approve up to $50,000.00
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2012 ACEA Annual Conference May 5-6, 2012 Orange Beach, AL.
Federal Aide Funding Update • Overrunning the project • How it works prior to the Letting • How it works after the Letting
Overrunning the project • Prior to the Letting • Approve up to $50,000.00 • Letter to advance funds (> $50,000.00) • Limit (> $50,000.00)
Overrunning the project • After the Letting • Letter to advance funds • Limit • Letter for advanced construction • Reject
Specific Case • Limited Project • If limited before letting and underruns after, can revert back to 80/20 split. • Revised agreement will be forwarded to your office.
ST Projects • The Process • I….. • Receive letter from the Director • Inform the County • Wait for County to let me know when to write the agreement • Request information to write the agreement
ST Projects • Information I request • Project Description • Project Length • County Project # • Target Start Date • Vicinity Map • How Funded?? • Local or in-place annual or local forces
Any Questions????