The Department of Transportation is expected to launch TIGER III during the next few weeks, ultimately awarding grants for capital projects from $528 million that was provided for the program in the recently enacted fiscal 2011 budget compromise.

The Transportation Investment Generating Economic Recovery Act program, known as TIGER, was originally created as part of the Obama administration’s economic stimulus package in early 2009. The grants awarded by the program are extremely competitive and can be used to help fund almost any transportation project.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.