Goal Submission for Fiscal Years 2024-2026
Goal Methodology 2024-26 Final | DBE Program Goal Methodology
New Goals
The Montachusett Regional Transit Authority’s (MART’s) overall goal for FFY2024-2026 (October 1, 2024, through September 30, 2026) is 2 percent of the Federal financial assistance we will expend in Department of Transportation (DOT)-assisted contracts, excluding Federal Transit Authority (FTA) funds to be used for the purchase of transit vehicles. MART expects to award $2,849,185 in DOT-assisted contracts between FFY2024 and FFY2026 for capital projects.
$1,910,000 is expected to be awarded in FFY2024, $595,000 in FFY25, and $344,185 in FFY26. In total, MART has set a goal of spending $56,984 with DBEs during the next three fiscal years. MART expects to meet or exceed its goal of 2 percent through DBE-neutral participation and will award zero percent of its contracts through DBE-conscious measures.