NCHRP Synthesis 20-05/Topic 47-07 [Final (Synthesis)]
Evolving Debt Finance Practices for Surface Transportation
[ NCHRP 20-05 (Synthesis of Information Related to Highway Practices) ]
| Project Data
|Authorization to Begin Work:
||9/29/2015 -- estimated |
||High Street Consulting Group LLC|
TRB's National Cooperative Highway Research Program (NCHRP) Synthesis 513: Evolving Debt Finance Practices for Surface Transportation explores a variety of debt mechanisms and tools to finance transportation infrastructure investment. The amount of debt and frequency of issuance vary substantially across states. In most states, provisions included in constitutions or statutes (or combinations of the two) govern the level and form of debt issuance. As well, many states have formal policies that govern debt issuance and management. The study documents new developments in flexible finance tools, including those offered by the federal government.