05
Apr
First of its Kind Federal Grants to Explore and Develop Projects Using Public-Private Partnerships Made Possible Thanks to President Biden’s Bipartisan Infrastructure Law WASHINGTON – The U.S. Department of Transportation (DOT’s) Build America Bureau (Bureau) today released a Notice of Funding Opportunity NOFO) for a new program authorized by the Bipartisan Infrastructure Law. The Innovative Finance and Asset Concession Grant Program makes $100 million available over five years to assist public entities in facilitating and evaluating public-private partnerships and exploring innovative financing and delivery opportunities for Transportation Infrastructure Finance and Innovation Act (TIFIA) eligible (TIFIA) eligible projects. The NOFO allocates funds…