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Federal Debt Financing Tools


Grant Anticipation Revenue Vehicle (GARVEE) Bonds (May 2015)
PDF or Powerpoint
Essentials of Innovative Finance Workshop, Puerto Rico and U.S. Virgin Islands

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

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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