Examples of TIFIA JPO in a sentence
Following new guidance, TIFIA JPO will competitively select which projects will be invited to submit a full application based on the LOI.
Once a Preferred Proposer is selected such Preferred Proposer will be able to complete the application process and complete negotiations with TIFIA JPO.
The FHWA staff is also responsible for assisting the TIFIA JPO in developing annual Project Status Reports and responding to construction issues.
The FHWA staff provides input on conditions affecting financial plan updates and gives concurrence to TIFIA JPO approval.
This document provides background information on the TIFIA program, sets forth the overarching goal and key objectives for the process, describes the process for oversight and monitoring to accomplish the objectives, defines the content and scope of an oversight and monitoring plan for a TIFIA project, and delineates the roles and responsibilities of the TIFIA JPO and the responsible operating administration.
The successful Proposer will be expected to reimburse the Sponsors and USDOT for all credit processing costs they incur in connection with the Project, including without limitation outside financial and legal consultant costs and the cost of a debt rating should one be required by the TIFIA JPO.
Following ConstructionFor the post-construction period through final maturity of the TIFIA credit instrument, the TIFIA JPO has primary responsibility for financial monitoring and acceptance of the financial plan updates and annual ratings letters.
TIFIA Oversight Roles and ResponsibilitiesPrior to ConstructionThe FHWA Division Office is responsible for working with the TIFIA JPO to ensure that the project meets certain prerequisites prior to commitment of TIFIA credit assistance and construction of the project.
TIFIA JPO will not engage with multiple bidders and as such Proposers should not contact the TIFIA JPO directly.
For the purpose of completing its evaluation, the TIFIA JPO staff may contact an applicant regarding specific information in the Letter of Interest.A public agency that seeks access toTIFIA on behalf of multiple competitors for a project concession must submit the project’s Letter of Interest.