N.J. Admin. Code § 16:76-2.5

Current through Register Vol. 57, No. 1, January 6, 2025

Section 16:76-2.5 - Eligible and ineligible uses of allocated PCCIP funds

(a) PCCIP expenditures must be for capital improvements and/or capital maintenance.

(b) Allocated PCCIP funds may be utilized by participating carriers for the following types of expenditures:

1. Rehabilitation of NJ TRANSIT owned/leased vehicles--including, but not limited to, the complete overhaul of a bus engine and/or transmission, purchase of a complete bus engine or transmission, HVAC rehabilitation, and seat/cover replacements;

2. Rehabilitation of carrier-owned vehicles--same as (b)1 above, but only for vehicles used in regular route bus service;

3. Facility improvements--only facilities used to support the operation of regular route bus service;

4. Capital equipment purchases--including, but not limited to, electronic equipment (including fareboxes or other revenue handling equipment), radios, and related equipment and garage maintenance equipment;

5. Purchase of buses--only vehicles for principal use in regular route bus service; and/or

6. Support vehicle purchases--vehicles for road service, road supervision, driver relief, etc.

(c) PCCIP funds may not be utilized for any of the following types of expenditures: operating or routine maintenance expenses, compensation of any officer or owner, parts purchases, fuel storage tanks and related equipment, or office furniture.

N.J. Admin. Code § 16:76-2.5

Adopted by 54 N.J.R. 90(b), effective 1/3/2022