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The Federal Highway Administration is seeking applicants to work on the Transportation Infrastructure Finance and Innovation Act (TIFIA) program, a multibillion dollar Federal lending program that provides assistance to large, complex, and critical infrastructure projects across the United States. The TIFIA program is part of the Office of Innovative Program Delivery. You will serve as a financial analyst, working on the Credit Analysis and Budgeting Team, calculating the risk to the Government of extending credit assistance to new infrastructure projects, evaluating the ongoing risk of the portfolio of existing loans, and overseeing the program's financial transactions. With important exceptions, TIFIA credit agreements emulate the commercial practices of U.S. capital markets and/or private banking investors.
The ideal candidate is experienced in analyzing cashflows and revenue projections, and understands how to apply the principles and practices from planning, economics, and finance to estimate and quantify risk. This position is being filled at the GS- 09, GS-11, GS-12 or GS-13 levels and is located in Washington, D.C. Salary range is $52,146 - 116,901 per annum.
This complete Financial Analyst vacancy announcement can be viewed for Merit Promotion at: https://www.usajobs.gov/GetJob/ViewDetails/388866300 or all U.S. Citizens at: https://www.usajobs.gov/GetJob/ViewDetails/388865600. In order to be considered, please follow specific application procedures on the announcement. The application closing date is Friday, January 9, 2015.
U.S Transportation Secretary Anthony Foxx announced $2.1 billion in federal grant and loan agreements to help build the 3.9-mile Westside Purple Line Extension from downtown Los Angeles to the City of Beverly Hills - expanding transit options in one of the most congested corridors in Los Angeles County. The project sponsor, the Los Angeles County Metropolitan Transportation Authority (LACMTA), will receive $1.25 billion in construction grant funds from the Federal Transit Administration's (FTA) Capital Investment Grant (CIG) Program and up to $856 million from the U.S. Department of Transportation's (DOT) Transportation Infrastructure Finance and Innovation Act (TIFIA) loan program. The project includes three new underground stations and 34 heavy rail vehicles to augment the existing fleet. LACMTA estimates that project construction will create more than 22,000 jobs. The extension is expected to open in 2024 and provide more than 20,000 trips daily.
Read the full Press Release (May 21, 2014)
Pursuant to the recently enacted Moving Ahead for Progress in the 21st Century Act (MAP-21), DOT announced the availability of funding authorized in the amount of $1.75 billion ($750 million in Federal Fiscal Year (FY) 2013 funds and $1 billion in FY 2014 funds (and any funds that may be available from prior fiscal years)) to provide TIFIA credit assistance for eligible projects. Projects must meet statutorily specified eligibility criteria to receive credit assistance. The Notice of Funding Availability (NOFA), published on July 31, 2012, outlines the process that applicants must follow.
Letters of Interest must be submitted using the form on the TIFIA website:
DOT has revised the form for the Letter of Interest to reflect changes made to the TIFIA program by MAP-21. Submit all Letters of Interest via e-mail at: TIFIACredit@dot.gov.