Financial Planning and Project Solution - Amtrak

The summary for the Financial Planning and Project Solution - Amtrak grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the DOT Federal Railroad Administration, which is the U.S. government agency offering this grant.

Financial Planning and Project Solution - Amtrak: In its annual appropriations to Amtrak (the Grantee) for capital and operating expenses, Congress has authorized the Federal Railroad Administration (FRA) to withhold up to one half of one percent of the funds appropriated to Amtrak for monitoring and oversight. In order to strengthen the Grantee'Â™s reporting capabilities and support its efforts to upgrade its financial planning and related systems and procedures, FRA is returning to the Grantee $8.4 million in Fiscal Year 2009 through 2014 monitoring and oversight funds the FRA previously withheld, but has yet to spend.

The improvements will upgrade the existing SAP/BPC v7.5 financial system from a data consolidation and reporting tool to an industry-standard financial planning and reporting solution under SAP/BPC v10.1. The upgraded system will enhance reporting capabilities to meet state and commuter agency partner reporting requirements under the Passenger Rail Investment and Improvement Act of 2008 (Pub. L. 110-432, October 16, 2008) (PRIIA) Sections 209 and 212 cost allocation and cost sharing methodologies, and provide external stakeholders with a secure portal to access user-specific data and standardized reports.

Federal Grant Title:	Financial Planning and Project Solution - Amtrak
Federal Agency Name:	DOT Federal Railroad Administration
Grant Categories:	Transportation
Type of Opportunity:	Discretionary
Funding Opportunity Number:	FR-AMT-16-005
Type of Funding:	Grant
CFDA Numbers:	20.315
CFDA Descriptions:	National Railroad Passenger Corporation Grants
Current Application Deadline:	Feb 19, 2016 No Explanation
Original Application Deadline:	Feb 19, 2016 No Explanation
Posted Date:	Feb 10, 2016
Creation Date:	Feb 10, 2016
Archive Date:	Mar 20, 2016
Total Program Funding:
Maximum Federal Grant Award:	$8,400,000
Minimum Federal Grant Award:	$0
Expected Number of Awards:
Cost Sharing or Matching:	No

Applicants Eligible for this Grant: Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility: Only the National Railroad Passenger Corporation (Amtrak) is eligible to apply for this grant.
Link to Full Grant Announcement: Financial Planning and Project Solution - Amtrak
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