49 CFR 268.7 – Federal/State share and restrictions on the uses of Federal Maglev Funds
(a) Federal share. The Federal share of Full Projects Costs shall be not more than
(b) Restrictions on the uses of Federal Maglev Funds. (1) Federal Maglev Funds may be applied only to Eligible Project Costs;
(2) Federal Maglev Funds provided under a preconstruction planning grant may be used only for Phase II activities, and for completion of site-specific draft EIS’s; see § 268.3;
(3) Federal Maglev Funds may be used to pay for only
(4) The “prevailing wages” requirement of the Davis Bacon Act (40 U.S.C. §§ 276a-276a-5) applies to any construction contracts under the Maglev Deployment Program.