49 CFR § 650.1 - Purpose.

---
identifier: "/us/cfr/t49/s650.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "49 CFR § 650.1 - Purpose."
title_number: 49
title_name: "Transportation"
section_number: "650.1"
section_name: "Purpose."
chapter_name: "FEDERAL TRANSIT ADMINISTRATION, DEPARTMENT OF TRANSPORTATION"
part_number: "650"
part_name: "PRIVATE INVESTMENT PROJECT PROCEDURES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Sec. 20013(b)(5), Pub. L. 112-141, 126 Stat 405; 49 CFR 1.91."
regulatory_source: "83 FR 24677, May 30, 2018, unless otherwise noted."
cfr_part: "650"
---


# 650.1 Purpose.

This part establishes private investment project procedures that seek to identify and address Federal Transit Administration requirements that are impediments to the greater use of public-private partnerships and private investment in public transportation capital projects, while protecting the public interest and any public investment in such projects.