Use It Or Lose It policy


This policy establishes responsibility for timely obligation of these funds by project sponsors, the process for proposing and processing project changes, substitute projects and the exchange of funds. It also specifies the authority of the SACOG Board to redirect funds to other projects when necessary to keep the region from losing funds to reprogramming by the California Transportation Commission (CTC), or as a last resort to exchange the funds with Caltrans for non-federal funds at a discount per CTC Guidelines for Traffic Congestion Relief Act Exchange Program.