Official US Government Icon

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure Site Icon

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

United States Department of Transportation United States Department of Transportation

Build America Institute

The Build America Institute: An AASHTO Center for Excellence enhances taxpayer value from transportation investment by promoting public sector capacity building in the analysis, understanding, and use of project finance techniques through a program of training, sharing of best practices, and technical assistance to all State Departments of Transportation and their local partner agencies.

Visit the Institute!


The Federal Highway Administration (FHWA) is currently soliciting applications for award of one cooperative agreement for the operation of the Center for Excellence in Project Finance (CEPF). The agreement will provide up to $5,000,000 in Federal funding on a cost-sharing basis.

The FHWA’s vision for CEPF is an organization that supports the public sector by sharing best practices, keeping stakeholders current with industry trends, and performing objective research on critical topics. The vision reflects both the continuing essentiality of innovative finance practice and evolving opportunity within the financing programs of the Build America Bureau.

Eligibility for this funding opportunity is open to all sources.

Applications must be submitted via by 11:00 pm EDT on July 16, 2021. Search for funding opportunity number 693JJ321NF00002.

Submit questions by email to

Last updated: Thursday, June 17, 2021