The Missouri Department of Transportation offers the opportunity to apply for transportation project funds through the Missouri Moves Cost Share Program. 

MoDOT Area Engineer Mike Rinehart said the General Assembly set aside $20-million of general revenue to go toward transportation projects. 

“The idea is to leverage local dollars as matching to these general revenue dollars to create opportunities to get jobs done,” Rinehart said. “We hope that as people apply for this, we’ll be able to secure some outside money and combine those with these general revenue funds and get jobs done.” 

According to Rinehart, applications can be submitted for any transportation related project. The minimum project size is $200,000 with MoDOT matching 50 percent or less. Rinehart said the application process has a rating matrix with a 100 point scale. 

“In this rating matrix, one of the things that can help an individual score better is to have a higher match,” Rinehart said. “On a 100 point scale, one of the items is this application of level of participation and you can get 20 points if you’re 70 percent funded. Let’s say you had a million dollar project, and a city, county or individual was willing to put in $700,000 and MoDOT’s match would be the $300,000 to get to that total of one million dollars. That 70 percent match would get them 20 points in that portion of the rating matrix.” 

According to Rinehart, numerous cities, counties and industry corporations have asked for a cost sharing program over the years. 

For the full rating matrix and more information on the Missouri Moves Cost Share Program, click here. Applications are due by July 29, 2016.