FHWA has released guidance describing Federal-aid stewardship and oversight practices for P3 projects. Differences in the procurement, construction and financing of P3s vis-à-vis traditional Federal-aid projects raise important issues for FHWA stewardship. The guidance describes FHWA activities when a state DOT - or a local public agency for which the state DOT is responsible - allocates to a private partner the long-term obligation for some combination of designing, financing, constructing, operating, and maintaining a highway project.
Read the Guidance (January 16, 2015)
