As of November 2003, InnovativeFinance.org is maintained
by the American Association of State Highway
and Transportation Officials (AASHTO), with additional
financial support and provided by the Federal
Highway Administration. The sight was initially created
in 200-2001 through a grant provided by the National
Cooperative Highway Research Program or NCHRP.
Under NCHRP Project 20-24(13) "Innovative Finance
Clearinghouse", a contract was awarded to PBConsult
- the management consulting subsidiary of the engineering
firm Parsons Brinckerhoff,
Inc. - to develop and implement this clearinghouse to
provide convenient access to the best available current
information on innovative surface-transportation financing
practices. A volunteer panel of national transportation
finance experts from federal, state, and local government,
academia and industry has overseen PB Consult's work. The
project has also benefited from guidance from FHWA
innovative finance professionals and staff from the
TIFIA Joint Project Office.
Given that local funding shortfalls will remain prevalent,
InnovativeFinance.org will continue to be an important tool
to the infrastructure finance sector at large. For that
reason that AASHTO has taken over the maintenance of InnovativeFinance.org
as a public service to all transportation professionals.
If users would like additional information on AASHTO’s
association with InnovativeFinannce.org or its work in the
infrastructure finance arena, they may contact Janet Friedl
Kavinoky, Project Director for Business Development and
Transportation Finance at AASHTO at (202)-624-5818, or jkavinoky@aashto.org.
If you would like more information about the InnovativeFinance.org
website, please contact Benjamin Perez of PB Consult at
(212) 618-8804 or perez@pbworld.com.
AASHTO is a nonprofit, nonpartisan
association representing highway and transportation departments
in the 50 states, the District of Columbia and Puerto Rico.
It represents all five transportation modes: air, highways,
public transportation, rail and water. Its primary goal
is to foster the development, operation and maintenance
of an integrated national transportation system.
The mission of AASHTO is to advocate transportation policies,
provide technical services, demonstrate the contributions
of transportation and facilitate institutional change.
Much of AASHTO's work is done by committees comprised of
member department personnel who serve voluntarily. The Association
provides a forum for consideration of transportation issues,and
is frequently called upon by Congress to conduct surveys,
provide data and testify on transportation legislation.
Through its policy development activities, member departments
often address federal programs and provide guidance.
AASHTO Goals and Objectives
AASHTO Services
Committees and Programs
return to top
