Virginia Department of Rail and Public Transportation

Finance & Procurement

FINANCE
DRPT’s budget is updated annually by fiscal year, beginning on July 1 and ending on June 30. DRPT reports actual results in a quarterly financial report. See the related links on this page for specific financial documents.

DRPT funds projects through grants using an applications-based process. All of DRPT’s funding and grants are detailed in the Six-Year Improvement Program.

Six-Year Improvement Program (SYIP)
The SYIP includes funding for DRPT and VDOT, and is approved annually by the Commonwealth Transportation Board (CTB).

While a six-year projection of revenues available for allocation is included in the SYIP, the actual allocations of these revenues is generally done on an annual basis to individual grantees.

To read  an overview of transportation decision-making and funding through the approved FY17 DRPT SYIP, click here.

DRPT has released its DRAFT FY18 SYIP.  To view, click here.   It is currently pending CTB approval.

Related Links


Click here to visit archived SYIP, Agency Budgets, Quarterly Financial Reports and STIP documents.

PROCUREMENT

      Click here to view a list current IFBs/RFPs

      Click here to view a list of current contracts

 

 

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