摘要: |
Transit mega projects may sometimes seem overwhelming in scope and complexity to lawyers who have not previously worked on such issues. Such projects are often federally funded, and in such cases the Federal Transit Administration (FTA) and other agencies provides valuable advice and requirements for managing the projects, including specific legal provisions to include in contracts and intergovernmental agreements. However, many other terms and considerations for transit mega projects have been developed through experience.
Some requirements for mega projects are not warranted for less costly or less complicated projects, but can serve as best practices for projects of all sizes. Therefore, this study should be of value to all transit lawyers representing public transportation agencies of all sizes.
For purposes of this study, mega project is a project with an estimated total cost of $1 billion or more, as described in 49 U.S. Code § 5327 (f). Mega projects also include any projects supported with a loan or loan guarantee from the Transportation Infrastructure Financing and Innovation Act (TIFIA), regardless of project cost.
The objective of this research is to produce a legal research digest that includes lessons learned from transit agencies, sample provisions from third party contracts and intergovernmental agreements to address legal issues, links to transactional documents, FTA guidance, instructive court or arbitration decisions, and other legal references. |