Transportation Infrastructure Finance | U.S. Department of Transportation

About TIFIA

Background Reference

Program Implementation: Selection & Funding of a TIFIA Project

1. Sponsor Submits Letter of Interest to the DOT
2. Sponsor Prepares and Submits Application to the DOT
3. DOT Staff Prepare Preliminary Evaluation and Arrange Sponsor Presentation
4. DOT Staff Prepare Final Evaluation and Make Recommendation to TIFIA Credit Council
5. TIFIA Credit Council Provides Recommendations to the Secretary, who Selects Projects to Receive TIFIA Credit Assistance
6. The DOT Issues Term Sheet and Obligates Funds
7. The DOT Executes Credit Agreement and Disburses Funds

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