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Neponset River Greenway Corridor Completion Project TIGER

Neponset River Greenway Corridor Completion Project TIGER

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• Exclusion of property value and reduced vehicle usage; and<br />

• Using a 3% discount rate, which results in a benefit-cost ratio of 8.3.<br />

The results of these analyses yield Net Present Values ranging from $28.0 million to $187.3 million.<br />

Details of these results can be found in the Benefit-Cost Analysis Technical Appendix.<br />

V. <strong>Project</strong> Readiness and NEPA<br />

A Preliminary Determination of Eligibility for Categorical Exclusion/Checklist has been prepared<br />

to demonstrate that the proposed <strong>Project</strong> is able to satisfy the requirements of the National<br />

Environmental Policy Act (NEPA) as an Automatic Categorical Exclusion or a Programmatic Categorical<br />

Exclusion. Since NEPA is triggered only by the grant, filing will be made in conjunction with a<br />

preliminary award notice. The <strong>Project</strong> will also be added to the State Transportation Improvement<br />

Program (STIP) at that point. No permits are required for Segment I, which is anticipated to be ready<br />

for bid shortly after final grant award and which will be built by June 2013. No significant permitting<br />

issues are expected for the other segments and no unusual technological challenges are presented by<br />

this project. As noted earlier, construction of Segment II will begin in March 2013 and be completed<br />

June 2014; Segment III will start construction and will be completed by April 2014.<br />

VI. Federal Wage Rate Certification<br />

MassDOT will comply with the requirements of Subchapter IV of Chapter 31 of Title 40, USC (Federal<br />

Wage Rate requirements) as required by the FY2011 Continuing Appropriations Act. The signed<br />

certification is included as Figure 22 on Page 30.<br />

VII. Application Changes<br />

There have been no significant changes since the submission of the pre-application although we have<br />

slightly reduced the total cost and increased the state match.<br />

VIII. Contact Information<br />

For further information please visit the project website http://www.env.state.ma.us/<strong>Neponset</strong>_<strong>River</strong>_<strong>Greenway</strong>_<br />

<strong>Corridor</strong>/home.htm or contact either of: Guy Bresnahan, MassDOT Office of Transportation and Planning<br />

guy.bresnahan@state.ma.us, 617-973-7884; Jack Murray, DCR Deputy Commissioner; jack.murray@state.<br />

ma.us, 617-626-1250.<br />

List of Appendices<br />

Benefit-Cost Analysis Technical Appendix<br />

Letters of Support for the <strong>Project</strong><br />

The Values of all Land Transfers<br />

NEPONSET RIVER GREENWAY CORRIDOR<br />

28<br />

http://www.env.state.ma.us/<strong>Neponset</strong>_<strong>River</strong>_<strong>Greenway</strong>_<strong>Corridor</strong>/home.htm

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