Local Agency Federal-aid Project implementation is a high risk for FHWA and state DOTs, due to complex federal requirements and local governments’ lack of experience with them. Many local agencies forego federal funds due to the high risk, increased delivery time, and complexity involved. The Federal Fund Swap process can allow local governments to follow their normal project delivery processes and eliminate most of the risks involved with federal funds for all government agencies.

Learning Objectives:

  1. Explain the Federal Fund Swap process and some of its benefits to local, state, and federal transportation agencies.
  2. Determine if the Federal Fund Swap process would benefit local and state transportation agencies within your state.
  3. Compare federal funding versus non-federal funding options for your transportation projects, knowing the “added costs” of federal requirements.

Handouts:

PowerPoint Slides 1

PowerPoint Slides 2

PowerPoints Slides 3

Discussion Guide

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