STBG definition

STBG means Surface Transportation Block Grant.
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STBG means the Surface Transportation Block Grant Program authorized under 23 U.S.C. § 133, flexible funding that may be used by locals for projects to preserve and improve the conditions and performance of any Federal-aid eligible highway; construction or rehabilitation of a bridge or tunnel on any public road; pedestrian and bicycle infrastructure; and transit capital projects.
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Examples of STBG in a sentence

  • The state funds that ODOT annually makes available for exchange are referred to in this Agreement as the “Grant Funds.” ODOT will annually determine the amount of STBG Funds, and hence Grant Funds, available to the Recipient and announce the STBG Funds amount via ODOT’s website in January of each year.

  • Ninety-four cents ($0.94) in Grant Funds for one dollar ($1.00) of STBG Funds until December 31, 2021.

  • Ninety cents ($0.90) in Grant Funds for one dollar ($1.00) of STBG Funds January 1, 2022 and after.

  • Parties agree that all construction under the STBG for the City will be constructed in accordance with current MoDOT design criteria/specifications for urban construction unless separate standards for the surface transportation system have been established by the City and the Commission subject to the approval of the FHWA.

  • The purpose of this Agreement is to grant the use of STBG funds to the City.

  • STBG Federal aid funds will be applied at a rate of 80 Percent up to the capped amount.

  • At a minimum, the SNHPC, NRPC and RPC will receive a regional allocation based on the STBG –Urbanized > 200K funding.

  • If the rates invoiced are in excess of those authorized Cal HR rates, then STBG Exchange Recipient is responsible for the cost difference and any overpayments shall be reimbursed to EDCTC and Caltrans on demand.

  • STBG Exchange Recipient agrees to provide to EDCTC a report summarizing total project costs and milestones for each project using this STBG Exchange funding within sixty (60) days of completion.

  • The contemplated improvement designated as Project STBG- 9901(833) by the Commission is within the city limits of Nixa, Missouri.