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                Media ContactsMenu OFFICE OF RESEARCH, DEVELOPMENT, AND TECHNOLOGY AT THE TURNER-FAIRBANK HIGHWAY RESEARCH CENTER Home
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                        Turner-Fairbank Highway Research Center
                        Research and Technology Portfolio


            
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                R&T Portfolio: Innovative Finance and Delivery
    

    
    
    
      Innovative Finance and Delivery research activity at Federal Highway Administration (FHWA) develops tools, training, and technical assistance resources to support the transportation community’s adoption of modern project finance and procurement methods for public infrastructure projects. These research and technology deployment efforts focus on tolling, value capture, alternative contracting methods (e.g., public-private partnerships), and innovative finance plans.

Program Objectives:

Increase consideration of innovative finance project revenue options, such as user fees and value capture, via research, training, and technical assistance.
	Increase consideration of the Public-Private-Partnerships (P3) delivery option for major projects by providing the U.S. transportation community with the most complete, up-to-date body of knowledge on P3s.
	Support the accrual of P3 knowledge by industry practitioners and advisers in the areas of planning/evaluation, procurement, and monitoring/oversight.

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        **Project Finance and Revenue**
        FHWA provides educational materials and training for State and local partners on use of project finance tools. FHWA also provides project-specific technical assistance to public partners using Federal-aid for project funding.

Spotlight Project: Educational Materials About Value Capture

FHWA is developing educational materials describing the successful implementation of value capture techniques to support State and local partners interested in using value capture to help fund projects. Value capture provides a new local funding source for projects via the incremental property value generated by the project itself.

"Illustration of a stylized cityscape in shades of green to evoke ecological values."

Image copyright: Yupiramos © 2015 123RF.com.
  


      **Project Delivery**
        FHWA develops training and educational materials to assist State and local partners in the evaluation and execution of public-private partnerships and other alternative contracting methods.

Spotlight Project: Database of Projects Using Alternative Contracting Methods

"Illustration of four executives, of mixed gender, around a planning table."

FHWA is developing an indepth database of major projects advanced using alternative contracting methods. The database would provide detailed information on selected projects, building on an initial database of more than 130 major U.S. highway projects.

Image copyright: Tawng © 2014 123RF.com.Contact Us

**Center for Innovative  Finance Support**
U.S. Department of Transportation
Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC 20590
United States

Related Links

Office of Innovative Program Delivery home

    
          Last updated: Tuesday, November 22, 2022 U.S. DEPARTMENT OF TRANSPORTATION

**Federal Highway Administration**

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