Resource Center provides transportation infrastructure options.
Press Release Summary:
Through cooperative agreement, AASHTO is working with U.S. Department of Transportation (DOT) to establish Build America Transportation Investment Center (BATIC) Institute: An AASHTO Center for Excellence. It will help state DOTs and other agencies better utilize solutions to finance transportation projects and safeguard taxpayers' investments. The Institute also will develop important capacity building resources to support services offered through BATIC at U.S. DOT.
Original Press Release:
New Innovative Center to Increase Options for Investment in Transportation Infrastructure
WASHINGTON D.C. - The American Association of State Highway and Transportation Officials is pleased with today's unveiling of the U.S. Department of Transportation's Build America Transportation Investment Center (BATIC). The center is a resource for states, municipalities and project sponsors looking to utilize federal transportation expertise, apply for federal transportation credit programs and explore ways to access private capital in pubic private partnerships.
AASHTO is working with U.S. DOT through a cooperative agreement to establish the BATIC Institute: An AASHTO Center for Excellence (the Institute). The Institute will help state departments of transportation and other agencies better utilize innovative solutions to finance transportation projects and safeguard taxpayers' investments. The Institute also will develop important capacity building resources that will support the services offered through the BATIC at U.S. DOT.
"We are pleased to be working with our partners at U.S. DOT to help solve the finance issues transportation agencies face today," said AASHTO Executive Director Bud Wright. "Great ideas need to be shared and decision makers across the country will benefit from the Institute as they learn about the many innovative options available."
The Institute will provide specialized education to decision makers and transportation project leaders at state DOTs and local partner agencies. Through education and outreach programs that include in-person and online training, industry professionals will have access to the tools they need to apply cutting-edge solutions within their organizations, across the country.
Visit the Institute's website to learn more: www.financingtransportation.org.
The American Association of State Highway and Transportation Officials (AASHTO) represents State Departments of Transportation in all 50 states, the District of Columbia, and Puerto Rico. AASHTO is a nonprofit, nonpartisan association serving as a catalyst for excellence in transportation. Follow us on Twitter at http://twitter.com/aashtospeaks.
