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| Overall Changes in Funding in TIP | ||||||
| Project | Proposed Change | Explanation | Section/Funding Source | Current Cost | New Cost | Difference |
| FFY 2024 Regional Target Program | ||||||
| 609211: Peabody– Independence Greenway Extension | Cost Increase | The budget for this project has been revised after a revised Plans, Specifications, and Estimates submission on May 31, 2024. | Regional Target: CMAQ, TAP | $7,524,204 | $8,273,695 | $749,491 |
| S12803: Medford Bicycle Parking (Tier 1) | Cost Increase | The budget for this project has been revised to reflect the latest procurement costs for the scope of work. | Regional Target: CMAQ |
$29,600 | $37,840 | $8,240 |
| S12805: Canton Public Schools Bike Program | Cost Decrease | The budget for this project has been revised to reflect the latest procurement costs for the scope of work. | Regional Target: CMAQ |
$28,125 | $22,500 | -$5,625 |
| S12806: Canton Public Library Bicycle Racks | Cost Decrease | The budget for this project has been revised to reflect the latest procurement costs for the scope of work. | Regional Target: CMAQ |
$12,500 | $10,000 | -$2,500 |
CMAQ = Congestion Mitigation and Air Quality. FFY = Federal Fiscal Year. TAP = Transportation Alternatives Program.