TO: AC Transit Board of Directors
FROM: Kathleen Kelly, Interim General Manager/Chief Executive Officer
SUBJECT: ARCHES Subrecipient Agreements
ACTION ITEM
AGENDA PLANNING REQUEST: ?
RECOMMENDED ACTION(S):
Title
Consider authorizing the Interim General Manager or her designee to execute Phase 1 and subsequent subaward agreements with the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES) for funding for fuel cell bus purchases, workforce development and infrastructure development.
Staff Contact:
Chris Andrichak, Chief Financial Officer
Body
STRATEGIC IMPORTANCE:
Goal - Financial Stability and Resiliency
Initiative - Financial Efficiency and Revenue Maximization
These subrecipient agreements lay the groundwork for over $140 million in funds for AC Transit's Zero Emission Vehicle transition.
BUDGETARY/FISCAL IMPACT:
This award will provide AC Transit more than $140 million over several project phases to be used for purchasing fuel cell buses, workforce development, the upgrade of existing hydrogen fueling stations, and installation of new hydrogen fueling stations over 8 years. AC Transit will need to commit matching funds to fulfill the funding plans of these projects. The exact matching funds will be negotiated during Phase 1 of the project but can be expected to be 80% of the total project costs. To the extent possible, the District will utilize its Federal Transit Administration (FTA) formula funds and other grants to fulfill this cost share requirement.
In addition to cost sharing, this award will require time and collaboration among staff to meet compliance requirements.
AC Transit's project is separated into several phases, and each phase will require an updated subrecipient agreement. At the end of each phase, both AC Transit and DOE can decide not to proceed to future phases.
BACKGROUND/RATIONALE:
In 2022, the California Governor's Office of Business and Economic Development (GO-Biz), alongside state and local offici...
Click here for full text