HPT

 

12.0 Financing Construction and On-going Maintenance - Franchised Operators:

12.1Funding:

Although it is expected that initial design and testing costs may be funded by the U.S. Government, it is likely that private capital will be needed at all subsequent phases of Grid development. Various Government grant programs are available which might seed alternative transportation studies and testing. The Company expects to apply for Federal and State funding grants during the first Quarter of 2012.