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- W2246209514 abstract "The TIFIA federal credit program offers loans, lines of credit, and loan guarantees to surface transportation projects of national significance. In these first years of implementation, both applicants and program administrators are grappling with some basic questions concerning how the program's public policy objectives translate into decisions regarding the credit approval and negotiation process. Part of the challenge is to focus on projects that are sufficiently creditworthy to move forward but that can still benefit materially from federal credit enhancement. The external credit-rating process helps to zero in on this determination. Firms that provide these credit ratings are especially interested in factors such as the strength of the management team, reasonable financial projections, and a plan of finance that is simple enough to accommodate the changing circumstances that are certain to arise for complex projects. The implementing regulations of a new federal credit program geared specifically to railroads have recently been published in the Federal Register. The program presents another financing opportunity for eligible project sponsors." @default.
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- W2246209514 date "2001-01-01" @default.
- W2246209514 modified "2023-09-27" @default.
- W2246209514 title "TIFIA: NAVIGATING THE PROCESS" @default.
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