Opportunity Information: Apply for 693JJ321NF00002
The Center for Excellence in Project Finance (CEPF) funding opportunity is a discretionary federal grant from the U.S. Department of Transportation (DOT), Federal Highway Administration (FHWA), issued through a Notice of Funding Opportunity (NOFO). It is designed to select a single recipient to run CEPF under a cooperative agreement, meaning FHWA expects to have an ongoing, active partnership with the awardee during the period of performance rather than simply providing funds and stepping back. The award is framed as part of FHWA's broader training and education mission and is tied to the federal assistance program identified under CFDA 20.205, Highway Training and Education.
At a practical level, the government is looking for one organization to take full responsibility for managing, operating, and maintaining the Center for Excellence in Project Finance. The Center's role, as implied by the NOFO language, is to provide financial and technical support related to project finance, and to strengthen FHWA's training and education program by expanding or improving the knowledge, tools, and capabilities available to transportation stakeholders who deal with project financing. The notice also highlights that CEPF is expected to respond to evolving federal initiatives, suggesting the selected recipient should be able to adapt programming and support as policy priorities and transportation financing approaches change over time.
This opportunity is categorized under Transportation and uses a cooperative agreement as the funding instrument. The total potential federal funding for the single award is up to $5,000,000 (the award ceiling), and FHWA anticipates making exactly one award. Eligibility is listed as unrestricted, meaning applications are open to any type of entity as long as they meet any conditions or clarifications that may be stated in the full eligibility section of the NOFO (for example, potential restrictions or required capabilities described in the narrative eligibility language).
Key identifying details from the posting include the funding opportunity title "Center for Excellence in Project Finance," funding opportunity number 693JJ321NF00002, and a creation date of May 21, 2021. The original application closing date was July 16, 2021. Overall, the grant is essentially a competitive selection to identify one qualified operator for CEPF who can deliver sustained operational management along with finance-related training, education, and technical assistance functions aligned with FHWA's mission and current federal transportation initiatives.Apply for 693JJ321NF00002
- The Department of Transportation, DOT Federal Highway Administration in the transportation sector is offering a public funding opportunity titled "Center for Excellence in Project Finance" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 20.205.
- This funding opportunity was created on May 21, 2021.
- Applicants must submit their applications by Jul 16, 2021. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $5,000,000.00 in funding.
- The number of recipients for this funding is limited to 1 candidate(s).
- Eligible applicants include: Unrestricted (i.e., open to any type of entity above), subject to any clarification in text field entitled Additional Information on Eligibility.
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| DASH 102X Route and WMATA 7M Route Apply for 12 016 001 Funding Number: 12 016 001 Agency: Department of Defense, Washington Headquarters Services Category: Transportation Funding Amount: $1,816,902 |
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| FY21-CRS-Consolidated Rail Infrastructure and Safety Improvements Apply for FR CRS 21 002 Funding Number: FR CRS 21 002 Agency: Department of Transportation, DOT - Federal Railroad Administration Category: Transportation Funding Amount: $361,978,796 |
| American Rescue Plan (ARP) Additional Assistance Apply for FTA 2021 012 TPM AAF Funding Number: FTA 2021 012 TPM AAF Agency: Department of Transportation, DOT/Federal Transit Administration Category: Transportation Funding Amount: Case Dependent |
| FY 2021 Competitive Funding Opportunity: Route Planning Restoration Program Apply for FTA 2021 007 TPE Funding Number: FTA 2021 007 TPE Agency: Department of Transportation, DOT/Federal Transit Administration Category: Transportation Funding Amount: $1,000,000 |
| Fiscal Year 2021 Competitive Funding Opportunity; Grants for Buses and Bus Facilities Program Apply for FTA 2021 008 TPM BUS Funding Number: FTA 2021 008 TPM BUS Agency: Department of Transportation, DOT/Federal Transit Administration Category: Transportation Funding Amount: $40,590,000 |
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| 2021 Nationally Significant Federal Lands and Tribal Projects Program Apply for 693JJ3 NSFTLP FY21 Funding Number: 693JJ3 NSFTLP FY21 Agency: Department of Transportation, DOT Federal Highway Administration Category: Transportation Funding Amount: $100,000,000 |
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