Submission of documentation in Step 3 of the Transportation Bank Loan Application provides the relevant information to the Transportation Bank to issue Authorization to Advertise construction. STEP 3 must be completed no later than thirty (30) days prior to the advertisement for the receipt of bids. It is recommended that the applicant complete Step 3 with the assistance of its engineer. Step 3 Submissions will be reviewed subsequent to a project sponsor’s submission of Step 2 (Engineering Design Contract and Financial Information).
Projects which have been advertised for construction are ineligible for Transportation Bank funding.
STEP 3 submissions require borrowers to upload the following documents to the Transportation Bank website:
The Transportation Bank will review the Step 3 submissions and advise the borrower of deficiencies in writing. Upon a Borrower’s compliance with all program requirements, including but not limited to plans, specifications, and compliance with Executive Order 215, Disadvantaged Business / Small Business Enterprise requirements, the I-Bank will issue a written Authorization to Advertise Construction.
*Note: Specific special provisions to the Division 100 Specifications have been developed for Transportation Bank Financing.
Step 3 Submissions are to be made electronically and one (1) hard copy mailed to the following address:
Division of Local Aid and Economic Development
State of New Jersey Department of Transportation
1035 Parkway Avenue
Trenton, New Jersey 08625
When making your Step 3 Submission, the following naming convention will ensure your submissions are properly referenced:
[Project Sponsor name]_[Project Number]_Document type]
For example: Burlington_County_TB0000-000_Plans
If you have any questions, please call (609) 219-6584
3131 Princeton Pike, Building 4 Suite 216
Lawrenceville NJ, 08648 T. 609 219 8600