Current SIB Borrowers
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Send all questions or information to State Infrastructure Bank (SIB)

Loan Agreement Compliance

Expenditure report: Borrowers must submit an annual expenditure report to TxDOT to ensure that the funds are spent on the projects specified in the loan agreement. This report will be provided annually until all of the SIB funds have been expended. Funds not used on the project must be returned to TxDOT and will be applied to the outstanding loan balance.

  • Breakdown of what the funds have been spent on and what entity has received the funds
  • Amount spent in the current calendar year
  • Amount spent to date
  • Amount remaining
  • Substantial completion date or an estimated substantial completion date of the project

Annual budget and audit: As per the loan agreement, most Borrowers are required to provide an annual audit and budget to TxDOT.

If the budget and/or audit is posted online, provide the SIB team with a link to the page where the documents can be found.

Audit confirmations

Borrowers can have their auditors submit audit confirmations to the SIB e-mail box at the top of this page or mail them to TxDOT at:

Texas Department of Transportation
Attn: Project Finance, Debt, and Strategic Contracts Division
SIB Administration
125 E. 11th St.
Austin, TX 78701-2483

Refinancing

Current borrowers have the opportunity to refinance their SIB loan via an interest rate amendment to their loan agreement once during the loan term. Documents related to refinancing can be found below:

Current SIB Loans by Region

The Texas Transportation Commission has approved 140 loans totaling more than $689 million from the SIB program. The loans have helped leverage more than $7.9 billion in transportation projects in Texas.

View the map to find which districts are in each region.

Divisions

 

 

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125 East 11th Street  •  Austin, Texas 78701