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Federal Debt Financing Tools


GARVEE Bond Guidance (June 2014)
FHWA's most recent guidance on GARVEEs, replacing earlier guidance issued in March 2004.

Chapter 3 of FHWA's Innovative Finance Primer (April 2002)
Discusses GARVEEs in depth.

What Every Transportation Manager Should Know about GARVEEs (PDF) (PPT) (May 2007)
FHWA Resource Center Presentation.

Today's Roads with Tomorrow's Dollars: Using GARVEE Bonds to Finance Transportation Projects (March 2005)
A Brooking Institution publication.

Sample GARVEE Memorandum of Agreement between FHWA and a state DOT (PDF)

Federal Highway Administration | 1200 New Jersey Avenue, SE | Washington, DC 20590 | 202-366-4000
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