The district typically begins preparation of a Project Management Plan (PMP) and Initial Finance Plan (IFP) for projects that receive federal financial assistance and are designated as Federal Highway Administration (FHWA) "Major Projects" (=/> $500M total project cost). Other Federal-Aid projects between $100M to $500M total project cost require IFPs and corresponding annual updates, as well as Operationally Independent and Non-Concurrent construction projects. The Department's procurement team may also prepare the PMP and IFP if it has not been prepared by the district.

Once a PMP and IFP have been prepared and have received FHWA approval, comply with PMP and IFP guidelines. Review and perform Financial Plan Annual Updates (FPAUs) and update the PMP as needed.

Coordinate with Transportation Planning and Design (TP&D) to submit FPAU per Design's Major Project Procedures found on the website. An updated PMP is required for any significant change in the project. FPAU deadline to DES is October 15th.