As P3 deal flow increases and interest rates nationally begin to move, there is need for greater speed and predictability in the TIFIA loan approval process, say P3 experts. The problem isn’t new, but there is a real need to find a solution as interest-rate spread risks grow.

“There is a need to bring a sense of urgency to meet the demands of the market,” says Jane Garvey, North American Chairman of Meridiam Infrastructure.