The Office of Innovative Program Delivery (IPD) provides tools, expertise and financing to help the transportation community explore and implement innovative strategies to deliver costly and complex infrastructure projects.
IPD offers coordinated assistance with:
On July 17, 2014, the President announced the Build America Investment Initiative, a government-wide effort to increase infrastructure investment and economic growth by engaging with state and local governments and private sector investors to encourage collaboration, expand the market for public-private partnerships (P3s) and put Federal credit programs to greater use. As part of that effort, the Presidential Memorandum tasked the U.S. Department of Transportation (USDOT) to establish the Build America Transportation Investment Center (BATIC), a one-stop-shop for state and local governments, public and private developers and investors seeking to utilize innovative financing and P3s to deliver transportation projects.
USDOT has made significant progress in its work to expand access to USDOT credit programs, spread innovation through tools that build capacity across the country, and deliver project-focused technical assistance to help high-impact projects develop plans, navigate Federal programs and requirements, and evaluate and pursue financing opportunities. This includes an effort to provide a range of technical assistance tools to project sponsors, including a series of model contract provisions for popular P3 project types.
During the first full week of October, FHWA will announce in the Federal Register a three-week public comment period for the general public and interested stakeholders to review FHWA's Draft Availability Payment Concessions P3 Model Contract Guide. All documents in this series will share the same Docket Number (FHWA-2014-0006).
In addition, a separate chapter on Labor Best Practices recommended by the U.S. Department of Labor will be added to the Docket. The FHWA intends to incorporate this chapter into the final contract guides for both user toll and AP concessions.