Project Finance: An Introduction

Federal Highway Administration2017PDFBriefUnited States. Federal Highway Administration. Office of Innovative Program DeliveryMancauskas, Peter J.United States. Federal Highway Administration. Office of Innovative Program DeliveryUnited StatesProject managementFinanceInnovationFinancingMany State and local governments lack sufficient funding to pay for surface transportation projects up front. Project finance innovations can significantly increase the ability to deliver these transportation projects, accelerating construction, reducing costs, and enabling the use of innovative revenues. The Center for Innovative Finance Support (CIFS), under the FHWA\u2019s Office of Innovative Program Delivery (OIPD), provides research, technical assistance, and policy direction that assists project sponsors in understanding and using a wide array of finance tools.95