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Innovative Finance
Cambridge Systematics

Performance Review of U.S.
DOT Innovative
Finance Initiatives

Final Report

prepared for
Federal Highway Administration

prepared by
Cambridge Systematics, Inc.

150 Cambridge Park Drive, Suite 4000
Cambridge, Massachusetts 02140

with

Roskin Consulting
TransTech Managements, Inc.

July 2002


Table of Contents | Executive Summary | Performance Measurement Approach | IF Performance Review | Case Studies | Observations and Conclusions

Appendix A | Appendix B | Appendix C

Acknowledgements

Special appreciation is extended to each of the state departments of transportation and FHWA Division Offices that contributed to the case studies contained in this report. Their effort provided valuable insights and lessons learned about how U.S. DOT's innovative finance tools have helped overcome financing challenges and deliver projects across the country more quickly and effectively.

Thanks are also extended to Miriam Roskin, Roskin Consulting, whose previous evaluation of the TE-045 innovative finance initiative was especially helpful in developing the approach to and conclusions of this performance review; Tamar Henkin and Karin DeMoors, TransTech Management, Inc., for the preparation of the case studies; and Patrick Balducci, for contributions in the early phases of this effort.

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