### Question
How does INFRASTRUCTURE FINANCE define eligible project costs?


### Answer
Under *23 U.S.C. § 181*, **eligible project costs** is defined as:

> amounts substantially all of which are paid by, or for the account of, an obligor in connection with a project, including the cost of—


(A) development phase activities, including planning, feasibility analysis, revenue forecasting, environmental review, permitting, preliminary engineering and design work, and other preconstruction activities

#### Citation:
  - *23 U.S.C. § 181*
  - Heading: **CHAPTER 1-FEDERAL-AID HIGHWAYS > SUBCHAPTER II-INFRASTRUCTURE FINANCE**

