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Federal Transit Administration
Financial Management Oversight Seminar 2005

Page 135 - FTA Circular 5010.1C, Chapter I - Project Administration and Management

Grant Modification: Budget Revisions

Prior approval required when...

  1. Federal share exceeds $100,000 and cumulative funds transferred between activity line items exceed 20%
  2. Transferring funds between operating and capital/planning activities
  3. Transferring funds between activities with different Federal matching ratios
  4. Increase or reduce purchasing rolling stock by more than 2 units, but less than 20%
  5. Change size or physical characteristics of the activities specified in a grant (depending on how grant scope was written)
  6. Advance 5307 contingency project that is not in year 1 of TIP


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2005 - Federal Transit Administration