What does the TIFIA application process involve?
Because the demand for credit assistance now exceeds budgetary resources, it is no longer feasible for USDOT to maintain, as it has since 2002, an open process whereby the TIFIA JPO accepts applications on a “first come, first serve” basis as defined by the optimal schedule of the applicant. Instead, the USDOT is returning to periodic fixed-date solicitations that will establish a competitive group of projects to be evaluated against the TIFIA program objectives. Applicants seeking TIFIA credit assistance for fiscal year 2010 must submit a Letter of Interest describing the project fundamentals and addressing the TIFIA selection criteria, as clarified in the Federal Register notice and highlighted in the revised forms. For consideration in the fiscal year 2010 funding cycle, Letters of Interest must be submitted by 4:30 p.m. EST on December 31, 2009, using the newly revised form on the TIFIA website (DOC). Interested applicants that have previously submitted Letters of Interest must res