Surface Transportation: Financing Program Could Benefit from Increased Performance Focus and Better Communication

Created in 1998, the US Transportation Infrastructure Finance and Innovation Act (TIFIA) provides federal credit assistance to help finance surface transportation. This report reviews the characteristics of TIFIA projects as well as options proposed to modify the program and analyzes how the Department of Transportation (DOT) tracks progress toward its goals. GAO recommends that DOT develop and use program performance measures to better assess progress in meeting TIFIA’s goals and objectives. Furthermore, DOT should better disclose information on how it selects projects to apply for TIFIA assistance through program guidance to help ensure that the program is more transparent.

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