virginia_drpt_annual_budget_draft_fy_2026.pdf
DRPT to Draw $20.1M FRA FASTLANE Funds for VPRA
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Description
DRPT will draw down $20.1 million in Federal Railroad Administration FASTLANE grant funds in FY26 on behalf of the Virginia Passenger Rail Authority for the Long Bridge project. The agency acts as Virginia’s sole FRA grant recipient.
Contract Details
Contract Amount
$20.1 million
Vendor
FEDERAL RAILROAD ADMINISTRATION
Agency
Virginia Department of Transportation, VA
Contract Type
FINANCIAL_SERVICES
Document Date
January 1, 2026
Contract Term
FY26
Renewal Date
2027-06-30
Renewal Info
Annual federal grant drawdowns subject to FRA grant agreements and project schedules; not an automatic renewal but part of multi-year grant funding for Long Bridge.
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