General
Sponsor Payment Letter Template
The Build America Bureau has developed a sponsor payment letter template. Please click on the link to the Microsoft Word document immediately above this text to save to your computer. This form is being provided for information only. Project sponsors will...
Sponsor Payment Arrangements
The Build America Bureau (Bureau) has begun using sponsor payment arrangements for its legal advisors' fees. The fees for outside legal counsel engaged to represent the Bureau on a Railroad Rehabilitation and Improvement Financing (RRIF) or Transportation Infrastructure Finance and...
RRIF Domestic Preference Information and Notice of Waiver Requests
The purpose of this web page is to provide the public with (1) information about the Bureau's RRIF Buy America policy and (2) a notice and comment opportunity regarding RRIF Buy America waiver requests.
As stated in the 2010 RRIF Policy Notice, we will expect RRIF recipients to, "agree...
Applying to RRIF
The RRIF statute establishes a multi-step process for RRIF credit assistance beginning with the submission of a Letter of Interest (LOI). However, all prospective RRIF borrowers are highly encouraged to schedule an Initial Consultation with the Bureau before beginning to develop their LOI...
RRIF Credit Risk Premium (CRP) Cohort Definition
As required by the Continuing Appropriations Act, 2019, and the Save Our Seas Act of 2018, the Department of Transportation, in consultation with the Office of Management and Budget, has defined the term "cohorts of loans" as applicable to RRIF loans executed prior to the enactment of the...
Railroad Rehabilitation and Improvement Financing (RRIF)
Why RRIF? Low interest rate Interest does not accrue until proceeds are drawn Flexible amortization Up to 35 year repayment period Deferrable for 5 years after substantial project completion No pre-payment penalty Program Overview...
Pennsylvania Rapid Bridge Replacement Project, Statewide
Project OverviewThe Pennsylvania Rapid Bridge Replacement project will replace 558 structurally deficient bridges throughout the state under a single, “bundled” contract. The bridges included in the project are of a similar size and design, with most ranging from 40 to 75 feet in length, and...
Presidio Parkway, San Francisco, CA
Project OverviewThe $852 million Presidio Parkway project is replacing Doyle Drive, a 1.6-mile segment of Route 101 that serves as the southern access point to the Golden Gate Bridge. Doyle Drive, built in 1936, did not meet current highway standards and was structurally and seismically...
SR-91 Express Lanes, Orange County, CA
Project OverviewThe 91 Express Lanes are a 10-mile, four-lane express toll-lane facility in the median of SR-91 in Orange County, California, extending eastward from the SR-55 interchange near Anaheim to the Riverside County line. The facility consists of two lanes in each direction, which...