DOT Distributes $3.7B For Sandy Repairs To Transit Agencies

Law360, Los Angeles (May 23, 2013, 3:56 PM ET) -- The U.S. Department of Transportation said Thursday that it has allocated $3.7 billion to the four New York and New Jersey transit agencies hit the hardest by Superstorm Sandy, in the latest round of funding from a $10.9 billion transit repair package.

The department gave the funds to the New York Metropolitan Transportation Authority, the Port Authority Trans-Hudson Corp. (better known as PATH), New Jersey Transit and the New York City Department of Transportation.

Of the funds, made available through the Federal Transit Administration’s Emergency Relief Program, $2.4...
To view the full article, register now.