Federal Grant Pursuit
Bluejay Role: Bluejay Advisors successfully collaborated with MaineDOT to obtain a $7.8 USDOT FASTLANE grant in order to make improvements and upgrades to 22 railroad bridges on a state owned railroad operated by the Maine Northern Railway. These improvements will allow the safe increase of the loaded weights for railcars traversing the bridges yielding more than 10% additional capacity per-railcar.
Client Description: MaineDOT is the office of state government charged with the regulation and maintenance of roads and other public infrastructure in the state of Maine. The Maine Northern Railway Company Limited is a 258 mile U.S. and Canadian short line railroad owned by the New Brunswick Railway Company, a holding company that is part of "Irving Transportation Services", a division within the industrial conglomerate J.D. Irving Limited.