Transportation Finance Workshop
Sponsored by: FHWA Finance Technical Service Team

June 27 - 30, 2005
Sir Francis Drake Hotel
San Francisco, CA

• Register
• Agenda
• Hotel Accommodations

The Transportation Finance Workshop is a national workshop intended for State DOT officials, Federal Highway Division Offices, and others involved in transportation project finance. Hot topics for this event will include Public-Private Partnerships, Innovative Revenue Sources, updates on the Transportation Infrastructure and Innovation Finance Act (TIFIA), State Infrastructure Bank (SIB), Grant Anticipation Revenue Vehicles (GARVEE) tools, and the decision framework for use of financing tools.

At this conference, you will have the opportunity to learn about the specialized topics and tools. The event will host breakout sessions that will discuss creating financial plans for megaprojects, financing on tribal lands and rural areas, and identifying new revenue sources.

Related Information
FHWA Innovative Finance Program

If you have questions regarding this event, please contact:

Jennifer Mayer
FHWA Finance Technical Service Team
Innovative Finance Specialist
(415) 744-2634
jennifer.mayer@fhwa.dot.gov

REGISTRATION

Registration is now closed. Onsite registration is available.

We look forward to welcoming you.

DRAFT AGENDA

3:00 - 5:00 Opening Reception/Registration (Hotel Foyer)

Tuesday, June 28th

8:00 - 8:30 Registration/Coffee

8:30 - 8:45 Introductions and Welcoming Remarks - San Francisco Resource Center, Finance TST, Local Transportation Officials

8:45 - 9:30 Overview of the Challenge: The Need for New Revenue Sources (Bill Ankner, Executive Director, Missouri Transportation Institute)

9:30 - 10:15 Expanding Revenues (I): Revenue Potential of PPP Transactions (What Can Toll Concessions and other PPP Transactions Bring to the Table, and Is It Really Net New Money?)

10:15 - 10:30 Break

10:30 - 11:15 Expanding Revenues (II): Value Capture Options for Financing Surface Transportation (Transportation Improvement Districts, Beneficiary Fees, and Other Non-Toll Options)

11:15 - 12:00 Expanding Revenues (III): Use of ROW, Intelligent Transportation Systems, and Other Transportation Resources for Revenue Generation

12:00 - 1:30 Lunch (on your own in Union Square)

1:30 - 2:15 Financial Alchemy I: Checklist for Developing a Project Finance Plan

2:15 - 3:00 Financial Alchemy II: How TIFIA Can Save Projects Money and Expand Financing Capacity

3:00 - 3:15 Break

3:15 - 4:00 Financial Alchemy III: Evaluating Benefits and Costs of Project Acceleration through GARVEEs

Wednesday, June 29th

8:00 - 8:30 Registration, Coffee

8:30 - 9:15 FHWA's PPP Initiative: Overview

9:15 - 10:00 FHWA's SEP-15 Initiative: Overview and Process

10:00 - 11:30 Showcase: USDOT/FHWA Project Finance Programs

You've got the projects. We've got the answers. Many different areas of USDOT and FHWA work together to help states optimize their financial planning and project development. This hour-and a half will be a showcase of all of the different USDOT/FHWA tools, experts, and resources available to transportation project sponsors.

The room will be set up a table format. The experts, publications, and resources will be located at different tables, and participants can circulate freely among them to ask questions, to learn of available resources, and to schedule follow-up consultations.

Infrastructure:
Major Projects Team - review financial plans for mega-projects, including any P3 with federal $

     "What kind of financial plan do I have to submit? What are FHWA requirements for major projects? "

Accelerated Construction Technology Transfer - workshop major projects with states (including P3 where applicable)

     "How can I accomplish this major project at best value, most rapidly?"

Program Administration - Tolling and Tolling Agreements, Interstate Toll Pilots

     "What requirements apply to tolling on my project?"

Policy
P3/SEP-15

     "How can I set up a PPP concession in my state? What have other states done? Can I waive certain Federal requirements in order to do it?"

Pricing - focus on proposals that incorporate pricing

     "How can I incorporate pricing into my project? Can I convert an HOV lane to a HOT lane?"

TIFIA JPO - credit assistance for mega-projects

     "How can I get direct Federal credit assistance for my project?"

Chief Counsel's Office - Legal Issues Associated with all of the above

     "How can I confirm that everything on my project is legal?"

Resource Center Finance Technical Service Team (Thay Bishop, Jen Mayer, et al)-- Coordinate with all of the above, make states aware of all of the above, and alert HQ to current state of practice in the states

     "How do I make this project happen?" "How can I use IF tools such as GARVEE bonds, SIBs, and Section 129, P3, Tolling, ACTT, pricing, and SEP-15? What have other states done? Whom do I talk to at FHWA?"

11:30 - 1:00 Lunch

1:00 - 3:00 Breakouts Series 1 (5 sessions, 25 people each)

3:00 - 3:15 Break

3:15 - 5:15 Breakouts 2 (5 sessions, 25 People each)

Breakouts will be offered and repeated based on expressions of interest

I. Public Finance 101 (RC-TST)
II. PPP 101: Basic Models of Highway Concessions
III. Value Capture 101: Identifying Innovative Revenue Sources for Financing Projects Under $10 million (RC-TST)
IV. Developing Financial Plans for MegaProjects (RC-TST)
V. HOT Lanes: An Implementation Guide
VI. Special Financial Techniques for Rural and Low-Density Areas
VII. Evaluating PPP Development Proposals:
VIII. Determining the "Right" Level of Borrowing

Thursday, June 30th

8:00- 9:15 The Decision Framework for Innovative Finance:

9:15 - 10:00 Public Attitudes Towards Tolling, HOT Lanes, and Bonding

10:00 - 10:15 Break, checkout of hotel

10:15 - 11:00 Communicating Financial Tools to Policymakers and the Public: Lessons Learned from Success and Failure of Finance Initiatives

11:00 - 12:00 Open Forum: Develop Research Agenda for Future Workshops

Hotel Accommodations

Fax: (415) 391-4715
Phone: (415) 395-8540

Website:

Special Rate:
Ask for FHWA Group Rate
$126/night

Hotel Deadline:
Please book your hotel room
no later than June 7, 2005