Build America Bureau Financial Advisory Services   2

Background
The Build America Bureau (the Bureau), an office within the Department of Transportation (DOT) Office of the Under Secretary for Policy, administers the Transportation Infrastructure Finance and Innovation Act credit program (TIFIA) and the Railroad Rehabilitation and Improvement Financing credit program (RRIF, and TIFIA and RRIF together, the Credit Programs) that provide (secured) direct loans, loan guarantees, and standby lines of credit to borrowers seeking to develop major surface transportation projects, railroad projects, port projects and transit-oriented development projects. For TIFIA, over $1.25 billion has been authorized through fiscal year 2026 for TIFIA credit assistance. A wide range of surface transportation infrastructure is eligible for TIFIA credit assistance, including highways, passenger and freight rail, public transit, intermodal freight facilities, international bridges and tunnels, ports, transit-oriented development, airport-related projects and the capitalization of a rural projects fund within a state infrastructure bank. To date, the TIFIA program has provided $32 billion in credit assistance to support more than $121 billion in transportation infrastructure investments to help build 96 major transportation projects around the country. For RRIF, up to $35 billion has been authorized for RRIF credit assistance. To date, the RRIF program has provided $7 billion in credit assistance to help build 40 rail projects around the country.

Work Details
The objective of this IDIQ contract is to provide financial advisory services in the surface transportation infrastructure finance area to support the activities of the Bureau. The Contractor shall serve as the external financial advisor for the Bureau, on both At Cost TOs or No Cost TOs. The Contractor shall perform financial advisory services necessary to support the Bureau’s activities. Activities will include due diligence, credit analysis (project/public/corporate), financial structuring, negotiating, financial modeling, and preparing comprehensive credit reports.
This work may pertain to a specific project transaction, portfolio management actions or non-project matters (e.g., training of Bureau staff). All work under this contract shall be performed through the issuance of (a) At Cost TOs where the Bureau is the client and the Bureau pays the advisory fees and expenses or (b) No Cost TOs where the Bureau is the client and the applicant (or its affiliate) pays the advisory fees and expenses.