Award of $2,000,000.00 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 U.S. Department of Transportation's Immediate Office of the Secretary of Transportation awarded a $2.0 million Cooperative Agreement to the Louisiana Department of Transportation and Development (DOTD) under the Asset Concessions and Innovative Finance Assistance program (CFDA 20.945) on July 14, 2025, with a three-year performance period through July 13, 2028. This award provides funding for technical assistance services to advance complex transportation infrastructure projects by facilitating and evaluating public-private partnerships (P3s) in which the private sector assumes greater responsibility for project planning, development, financing, construction, maintenance, and operation.

DOTD will deliver technical assistance focused on asset concession development, specifically targeting three Mississippi River bridge crossings in Louisiana. The recipient will produce an asset concession report, quarterly progress reports, and additional project deliverables that support eligible entities in evaluating P3 opportunities and entering into asset concession agreements. These services are designed to enhance DOTD's technical capacity to identify underutilized transportation assets with potential for private sector involvement while protecting public interests and optimizing long-term benefits to commuters across Louisiana.

Activities

Ladot technical assistance to advance complex projects. Deliverables/expected outcomes: asset concession report, quarterly reports, and deliverables.

Intended beneficiaries

Commuters of louisiana, specifically three bridges across the mississippi river to mississippi