Project Finance, Debt and Strategic Contracts Division
The Project Finance, Debt and Strategic Contracts Division (PFD) manages TxDOT’s various debt programs, financial assistance programs, investments, as well as the operation of TxDOT owned toll roads. The division maintains oversight of TxDOT’s debt programs, administers TxDOT’s financial assistance programs, including the State Highway Fund Loan and Grant program and the State Infrastructure Bank, and TxDOT’s involvement in transportation corporations, such as the Grand Parkway Transportation Corporation, along with TxDOT’s commitments regarding the Transportation Infrastructure Finance and Innovation Act, a federal program providing credit assistance, of which TxDOT currently has more than $890 million earmarked to finance surface transportation projects.
PFD provides toll system design, integration, implementation, oversight, analysis, reporting, and coordination of business and financial services with internal and external stakeholders for TxDOT’s more than 250 centerline miles of toll roads in the Austin, Houston and Dallas and Fort Worth regions. The division also manages TxTag back-office operations including the following: TxTag marketing and website, TxTag and Pay By Mail accounts, TxTag Call Center/Customer Service Center and store front locations, violations, collections, courts, regional mobility operations support, and interoperability coordination with other local and state toll authorities.
Additionally, PFD supports the Alternative Delivery Division on TxDOT’s alternative delivery program focusing on financial aspects, including our comprehensive development agreements which includes public private partnerships.
Benjamin Asher serves as director.