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Government
transit.dot.gov

Investments

13

Portfolio Exits

2

Partners & Customers

10

About Federal Transit Administration

The Federal Transit Administration (FTA) is an agency within the United States Department of Transportation (DOT) that provides financial and technical assistance to local public transit systems. The FTA is one of ten modal administrations within the DOT. Headed by an Administrator who is appointed by the President of the United States, the FTA functions through a Washington, D.C., headquarters office and ten regional offices which assist transit agencies in all states, the District of Columbia, and the territories.

Headquarters Location

1200 New Jersey Avenue, SE East Building, 4th Floor

Washington, DC, 20590,

United States

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Latest Federal Transit Administration News

Former Federal Transit Administration Regional Administrator Stephen Goodman joins HNTB as national transit and rail practice consultant

Sep 14, 2023

News provided by Share this article Thirty-five-year industry veteran brings expertise in management of large-scale transportation projects NEW YORK, Sept. 14, 2023 /PRNewswire-PRWeb/ -- Stephen Goodman, PE, has joined HNTB Corporation as national transit and rail practice consultant and vice president. In this role, Goodman provides strategic guidance for transportation clients, sharing his decades of experience and knowledge overseeing some of the largest and most complex transportation projects in the world. "I am grateful that Stephen is with us at HNTB," said Ronnie Hakim, HNTB's national transit and rail market sector leader and senior vice president. "His work and leadership experience with the federal government and transportation agencies will bring tremendous value to our clients." "I am grateful that Stephen is with us at HNTB," said Ronnie Hakim, HNTB's national transit and rail market sector leader and senior vice president. "His work and leadership experience with the federal government and transportation agencies will bring tremendous value to our clients." As regional administrator and senior executive with the FTA, Goodman oversaw a large portfolio of federally funded transit and transportation projects valued at more than $50 billion, including development of significant aspects of the Gateway Program, one of the most important and urgent infrastructure programs in the world. Goodman was responsible for overseeing the completion of the first phase of the Metropolitan Transportation Authority's Second Avenue Subway and most recently the Grand Central Madison project. Prior to his role as regional administrator, Goodman led federal support through the FTA for the recovery efforts following both Hurricane Sandy and 9/11. He served as director of the Hurricane Sandy Recovery Office, providing technical support and coordination of more than $10 billion in federal emergency funding. Prior to that, he served as director of FTA's Lower Manhattan Recovery Office charged with administering more than $4.5 billion in recovery funds to support the rebuilding of transportation infrastructure in the wake of the tragic events of 9/11. Before joining the FTA, Goodman spent two decades overseeing large-scale projects at the Federal Aviation Administration including responsibility for defining requirements for facility and equipment investments at some of the nation's largest airports. Goodman received a Bachelor of Science degree in civil engineering from Manhattan College and is a licensed professional engineer. About HNTB HNTB Corporation is an employee-owned infrastructure firm serving public and private owners and contractors. With 109 years of service, HNTB understands the life cycle of infrastructure and addresses clients' most complex technical, financial and operational challenges. Professionals deliver a full range of infrastructure-related services, including award-winning planning, design, and program and construction management. For more information, visit http://www.hntb.com , or follow HNTB on LinkedIn, Twitter, Facebook or Instagram. Media Contact SOURCE HNTB

Federal Transit Administration Investments

13 Investments

Federal Transit Administration has made 13 investments. Their latest investment was in Virginia Department of Rail and Public Transportation as part of their Grant on July 7, 2023.

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Federal Transit Administration Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/11/2023

Grant

Virginia Department of Rail and Public Transportation

$0.16M

Yes

1

7/7/2023

Grant

CityBus

$7.6M

Yes

1

6/9/2023

Grant - III

Pinellas Suncoast Transit Authority

$0.89M

Yes

1

12/14/2022

Grant

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$99M

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10

9/15/2022

Grant

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$99M

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10

Date

7/11/2023

7/7/2023

6/9/2023

12/14/2022

9/15/2022

Round

Grant

Grant

Grant - III

Grant

Grant

Company

Virginia Department of Rail and Public Transportation

CityBus

Pinellas Suncoast Transit Authority

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Amount

$0.16M

$7.6M

$0.89M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

1

1

10

10

Federal Transit Administration Portfolio Exits

2 Portfolio Exits

Federal Transit Administration has 2 portfolio exits. Their latest portfolio exit was Proterra on June 15, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/15/2021

Reverse Merger

$99M

8

1/5/2021

Acquired

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$99M

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10

Date

6/15/2021

1/5/2021

Exit

Reverse Merger

Acquired

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

8

10

Federal Transit Administration Partners & Customers

10 Partners and customers

Federal Transit Administration has 10 strategic partners and customers. Federal Transit Administration recently partnered with Snow Eagle Group on February 2, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

2/22/2023

Vendor

United States

ABSG Consulting and S&K Mission Support Win Federal Transit Administration Contract to Strengthen Public Transportation Safety.

-- ABSG Consulting Inc. , a leading global operational risk management company , and S&K , a preeminent tribal professional services firm , have announced their joint venture , Snow Eagle Group , has been awarded a contract with the Federal Transit Administration to assist in administering the National Public Transportation Safety Program .

1

7/14/2021

Partner

United States

FTA launches Enhanced Transit Safety and Crime Prevention Initiative - SMART Union

FTA has partnered with the National Transit Institute to provide training for transit and bus operators on assault awareness and prevention .

1

7/13/2021

Vendor

United States

16:05 ET Federal Transit Administration Selects ICF for $10 Million in IT Modernization Services

The new system will integrate data from other Federal Transit Administration systems , including the National Transit Database , which ICF is also modernizing under a separate agreement .

1

7/13/2021

Vendor

United States

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10

4/27/2021

Vendor

United States

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10

Date

2/22/2023

7/14/2021

7/13/2021

7/13/2021

4/27/2021

Type

Vendor

Partner

Vendor

Vendor

Vendor

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

ABSG Consulting and S&K Mission Support Win Federal Transit Administration Contract to Strengthen Public Transportation Safety.

-- ABSG Consulting Inc. , a leading global operational risk management company , and S&K , a preeminent tribal professional services firm , have announced their joint venture , Snow Eagle Group , has been awarded a contract with the Federal Transit Administration to assist in administering the National Public Transportation Safety Program .

FTA launches Enhanced Transit Safety and Crime Prevention Initiative - SMART Union

FTA has partnered with the National Transit Institute to provide training for transit and bus operators on assault awareness and prevention .

16:05 ET Federal Transit Administration Selects ICF for $10 Million in IT Modernization Services

The new system will integrate data from other Federal Transit Administration systems , including the National Transit Database , which ICF is also modernizing under a separate agreement .

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Subscribe to see more

Sources

1

1

1

10

10

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