Federal TIFIA loan support for P3s for 2010 to be closed Dec 31 - though protests may see deadline pushed back
The article Federal TIFIA loan support for P3s for 2010 to be closed Dec 31 included the following quote from a Nossaman E-Alert by Barney Allison and Adam Horsley. "USDOT has indicated that it plans to disregard project creditworthiness and the federal budget allocation cost of assistance in its evaluation of TIFIA letters of interest, as information on those requirements will likely be unavailable at this early stage. In eliminating these criteria the USDOT may place more emphasis on the new requirements..." The article looked at the background, substance and implications of the new rules. Click on the following link to learn more about Nossaman's Infrastructure practice.