Award of $1,000,000.00 with the objective to facilitate and evaluate public-private partnerships in which the private sector partner could assume a greater role in project planning, development,…

The Indiana Department of Transportation (INDOT) was awarded a $1,000,000 Cooperative Agreement from the U.S. Department of Transportation's Asset Concessions and Innovative Finance Assistance program (CFDA 20.945). The purpose of the award is to facilitate and evaluate public-private partnerships in which the private sector could assume a greater role in project planning, development, financing, construction, maintenance, and operation, including by assisting INDOT in entering into asset concessions. The activities to be performed under this award include the Indiana Critical Freight Infrastructure Project, with expected deliverables such as an Asset Concession Report, Quarterly Reports, and other project-related deliverables. The intended beneficiaries of this project are the residents and commuters of Indiana, as well as shipping companies and transport providers.

Activities

Indiana critical freight infrastructure project. Deliverables/expected outcomes: asset concession report, quarterly reports, and deliverables.

Intended beneficiaries

Residents and commuters of indiana, shipping companies, transport providers.