U. S. Department of Transportation
Federal Highway Administration

Memorandum

Subject:
Information: State Infrastructure Bank (SIB) Guidance -
Transportation Equity Act for the 21st Century (TEA-21)
Date:
May 17, 2001

From:
Thomas Merlo (original signed by)
Director, Office of Budget and Finance
Replay to Attn of:
HABF-40

To:
See Addressees

I am attaching guidance for administering the SIB pilot program authorized by section 1511 of TEA-21. The guidance is referenced in the cooperative agreements previously executed with Missouri and Florida.

We encourage California and Rhode Island to revise their existing SIB agreements to incorporate the provisions of TEA-21. The States will then be able to take advantage of the additional Federal funds for SIB capitalization.

Please provide a copy of the guidance to the States. If you have any questions or comments on the guidance, you may contact Phyllis Jones at (202) 366-2854.

Attachment:
Guidance For Administering the TEA-21 State Infrastructure Bank Pilot Program
Addressees:

California Division Administrator (HDA-CA)
Florida Division Administrator (HDA-FL)
Missouri Division Administrator (HDA-MO)
Rhode Island Division Administrator (HDA-RI)
cc: Resource Centers

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United States Department of Transportation - Federal Highway Administration

Subject:	Information: State Infrastructure Bank (SIB) Guidance - Transportation Equity Act for the 21st Century (TEA-21)	Date:	May 17, 2001
From:	Thomas Merlo (original signed by) Director, Office of Budget and Finance	Replay to Attn of:	HABF-40
To:	See Addressees