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Three former federal transportation and transit industry movers and shakers have teamed up to form a consulting firm that aims to help transit agencies, private businesses and state transportation departments maximize the billions of dollars available for capital transportation projects through the American Recovery and Reinvestment Act — and the influx of billions more when the new surface transportation bill is approved.

Developed by former Federal Transit Administration (FTA) Deputy Administrator and Acting Administrator Sherry Little, former FTA Administrator James Simpson, and New York Metropolitan Transportation Authority/Capital Construction Co. President Mysore Nagaraja, Spartan Solutions Inc. will help clients "navigate a highly challenging and rapidly evolving business and regulatory climate," according to a press release.

With offices in New York City, Philadelphia and Washington, D.C., Spartan Solutions plans to offer value-added cost savings and pragmatic management counsel, as well as guidance on the effects of government policies, regulations and new statutory requirements on the public transportation landscape.

The regulatory climate is "on the cusp of enormous change," as lawmakers seek to implement new surface transportation legislation later this year that could alter the course of federal funding for projects, Spartan Solutions said. In addition, private investors and the development community are eyeing the transportation sector as a long-term investment vehicle, and agencies will need help developing public-private partnerships, the company said.