![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 23 - Highways |
![]() |
Chapter I - Federal Highway Administration, Department of Transportation |
![]() |
SubChapter B - Payment Procedures |
![]() |
Part 172 - Procurement, Management, and Administration of Engineering and Design Related Services |
![]() |
Subpart B - Private Sector Involvement Program |
§ 172.25 - Funding.
Latest version.
-
(a) Funds received by a State under this program may only be used for awarding engineering and design services contracts with the private sector. These contracts shall carry out services and activities eligible for Federal-aid funding under title 23, United States Code.
(b) The Federal share of any project obligated with funds allocated under this program shall be the same as the Federal share applicable to the type of work or project being developed or the system on which the project is located. Funds allocated under this program shall remain available until expended.
(c) Funds will be allocated to the States each fiscal year from 1995 through 1997 to the extent funds are appropriated.