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Innovative Finance and Asset Concession (IFAC) Grant Program

Active

Grant

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 Department of Transportation, provides support to eligible public entities for the evaluation and facilitation of public-private partnerships. The program focuses on exploring innovative financing and delivery methods for a wide range of transportation infrastructure, including highways, transit, passenger rail, airports, transit-oriented developments, and specific freight, port, and rural infrastructure projects. Funding is distributed through competitive discretionary grants and cooperative agreements. While the program is currently closed and pending its next funding cycle, it remains a key initiative for advancing transportation infrastructure through strategic financial partnerships.

General Info

DOT grants support public entities exploring innovative financing for transportation infrastructure public-private partnerships.

Agency

Department of Transportation

NAICS

926120 - Regulation and Administration of Transportation Programs

Place of Performance

Not specified

Set-Aside

NONE

Documents

0

No documents available

Documents will appear here when they are available.

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Timeline

PostedJan 1

forecast

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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 aims to assist eligible public entities in facilitating and evaluating public-private partnerships and exploring opportunities for innovative financing and delivery for eligible transportation infrastructure projects, including highway, transit, passenger rail, certain freight facilities, certain port projects, rural infrastructure projects, airports, and transit-oriented development projects.
Program administrator: Direct federal
Program status: Closed: Pending next funding cycle
Financial instrument: Competitive/Discretionary Grant; Cooperative Agreement
Topics: 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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