Rev. 16, June 2014
In 2005 FTA implemented the Standard Cost Categories, to establish a consistent format for the reporting, estimating, and managing of capital costs for New Starts projects. The cost information gathered from projects across the country has been developed into a database (the Capital Cost Database), a cost estimating resource useful to FTA and the transit industry alike. The SCC Workbook is a project management tool -- project-based as opposed to grant-based.
Over the life of a project, the consistent format should make it easier to track, evaluate and control cost changes. The reporting instructions for New Starts and Small Starts projects specify the milestones at which project sponsors must submit SCC workbooks to FTA.