Inactive Federal-aid Project Reviews Sample Clauses

Inactive Federal-aid Project Reviews. FHWA will work with AHTD to conduct and document the results of quarterly reviews of inactive projects in accordance with 23 CFR 630, Subpart A, Project Authorizations and Agreements. This review identifies projects for which no expenditures have been billed to FHWA for a specified period of time. The following three tiers or levels of inactive reports will be reviewed quarterly: • TIER I - $500,000 or more, inactive for 12 months, • TIER II - $50,000 - $500,000, inactive for 24 months, and • TIER III - $50,000 – or less, inactive for 36 months. Throughout the year, FHWA shall work with AHTD to determine the validity of the amounts obligated for each inactive project. Once excess obligations are identified, AHTD is required to take action to have FHWA de-obligate any invalid obligations within the timeframe requested by the FHWA Division Administrator. This action will require a modification of the FAPA. The FHWA has established a National goal to hold inactive projects at 5% or less of the State’s current annual apportionments. Results of the inactive projects reviews shall be recorded by the FHWA in FHWA’s standard work papers and submitted to the FHWA CFO. AHTD is responsible for establishing a funds management program to ensure that funds are being used effectively and lapsable funds are limited. This includes a review of older projects that have had no activity for possible release of funds for use on other eligible Federal-aid projects. Annually, FHWA will evaluate the effectiveness of AHTD’s funds management program.
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