The private sector can play a valuable role in developing and implementing new transportation projects and related community improvements. Early involvement of the private sector can bring creativity, efficiency and capital to transportation projects at the state and local level.

For example, private entities can engage by participating in the planning and transportation improvement program process or entering into a public-private partnership (P3), in which a private firm participates in the design, building, finance, operation, and maintenance aspects of a transit facility. Other examples of private sector participation include Joint Development, Capital Leasing, and Third Party Contracting.

Private Investment Project Procedures (PIPP)

FTA's Private Investment Project Procedures (PIPP) allow FTA grantees considering capital projects to seek a waiver or modification of a FTA regulation, policy or guidance that may impede the use of a P3 or private investment in that project. As outlined in the PIPP Final Rule, the procedures are intended to encourage project sponsors to seek modifications of federal requirements to spur private participation and investment in project planning, development, finance, design, construction, maintenance, and operations to accelerate the project development process, attract private investment and lead to increased project management flexibility, more innovation, improved efficiency, and/or new revenue streams.

How to Apply

Submit an application using FTA's PIPP application intake form, with a copy to the appropriate FTA Regional Administrator.