Title:
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Major Project Advancement Policy: Stage Gate Evaluation Authorization for Transbay Joint Powers Authority - the Portal Project and Preview of 2024 State Funding Cycles.
As part of the Major Project Advancement Policy (MAP) this item:
1. Recommends the Commission authorize MTC staff to initiate and perform a MAP Stage Gate Evaluation of the Portal project, consistent with MTC Resolution 4537, as requested by Transbay Joint Powers Authority staff.
2. Provide an informational update on 2024 State Funding Opportunities for the Transit and Intercity Rail Capital Program (TIRCP) and various Senate Bill 1 (SB1) programs.
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