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Innovative Finance and Asset Concession Grant Program

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Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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The Innovative Finance and Asset Concession Grant Program, administered directly by the federal Department of Transportation, provides funding for capacity-building technical assistance and expert services for various transportation projects. Eligible initiatives include highway, transit, passenger rail, airport, and rural infrastructure projects, as well as certain port facilities and transit-oriented developments. The program utilizes competitive discretionary grants and cooperative agreements to support these infrastructure and transportation goals. Funding is divided into two primary categories: Technical Assistance Grants, which help public agencies build organizational capacity by hiring employees or procuring advisors, and Expert Services Grants, which fund advisors to explore public and private funding leverage for specific existing assets. While the program is currently closed and pending its next funding cycle, it remains a key resource for enhancing the financial and programmatic management of critical transportation assets.

General Info

DOT provides competitive grants for transportation infrastructure technical assistance and expert financial services.

Agency

Department of Transportation

NAICS

541611 - Administrative Management and General Management Consulting Services

Place of Performance

Not specified

Set-Aside

NONE

Documents

0

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Organization & Contact Information

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AgencyDepartment of Transportation
ContactsNo contacts available
OfficeWY, USA
Organization / AgencyDepartment of Transportation
Office AddressWY, USA
ContactsNo contact information available

Full Description

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This program offers two types of grants for capacity-building technical assistance or project specific expert service provision for eligible transportation projects, including highway, transit, passenger rail, certain freight facilities, certain port projects, rural infrastructure projects, airports, and transit-oriented development projects.
Eligible uses: Technical Assistance Grants will provide funding to build organizational capacity and perform programmatic grant activities either by procuring advisors, hiring employees into a public agency, or both. Expert Services Grants will provide funding to procure advisors to explore leveraging public and private funding in connection with the development of a specific existing asset.
Program administrator: Direct federal
Program status: Closed: Pending next funding cycle
Financial instrument: Competitive/Discretionary Grant; Cooperative Agreement
Topics: Infrastructure, Transportation
Notice of funding opportunity: https://www.grants.gov/search-results-detail/360279
Additional information: https://www.transportation.gov/buildamerica/innovativefinancegrants

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