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U.S. Department of Transportation U.S. Department of Transportation Icon United States Department of Transportation United States Department of Transportation

Bay Area Rapid Transit (BART) Rail Car Upgrade

Photo of BART train at station with employee waving from entrance
Alternate Project Name
BART Expansion/Rail Car Replacement
Project Type
Public Transit
Financing Type
TIFIA
Status
Credit Agreement Executed
Sponsor/Borrower
San Francisco Bay Area Rapid Transit District (BART)
Project Description

The San Francisco Bay Area Rapid Transit District (BART) used a TIFIA loan and purchased 775 new passenger railcars as part of a $2.2 billion expansion and upgrade of the entire BART system that operates 48 million passenger trips annually. 

The new railcars feature many accessibility and safety improvements; LED screens to provide improved customer information; digital cameras to enhance security and crime prevention; and three doors for entry and exit versus the previous two. Additionally, by financing the cost of the rail cars, BART is able to use other capital funds to invest in a new Police Department Headquarters. 

The BART cars feature lightweight aluminum exteriors that reduce energy usage, white roofs that deflect heat to lessen the load on the interior cooling system, and improved regenerative braking that returns electricity to the power distribution system. Additionally, 100 percent of BART’s electric traction power comes from clean hydro and renewable sources.  

Read the news release

Project Details
TIFIA Assistance
$544.00M
Primary Revenue Pledge
Tax Revenues
Project Cost
$2200.00M
Fiscal Year Closed
FY2025
Funding Sources
The TIFIA loan will be repaid from a pledge of 75 percent of a dedicated 0.5 cent sales and use tax collected by Contra Costa, Alameda, and San Francisco counties.
Credit Assistance Detail
Up to $544,642,843
Application Details
Applicant
San Francisco Bay Area Rapid Transit District (BART)
LOI Fiscal Year Received
FY2024
LOI Received Date
Application Received Fiscal Year
FY2024
Application Received Date
Credit Agreement Executed
Initial Eligibility Review
complete
Creditworthiness Review
complete
Application Review
complete
Estimated Project Cost
$2200.00M
TIFIA Request
$544.00M
Instrument Type
Direct Loan