David Miller is head of PFM’s national transportation finance practice, based out of our Orlando office, where he specializes in transportation financings. He is a leader in PFM’s Public-Private Partnership ("P3") practice. David’s services for major transportation clients involve many large and innovative financing efforts, including the Kentucky Public Transportation Infrastructure Authority for the Louisville Southern Indiana Ohio River Bridges project, the North Carolina Turnpike Authority’s development and financing of five separate toll facility projects, Texas Department of Transportation (DOT) for the Grand Parkway project and Chesapeake Bay Bridge and Tunnel District for its Thimble Shoal Tunnel project. David has extensively researched and used innovative financing programs, such as Transportation Infrastructure Financing and Innovation Act (TIFIA), P3 evaluation, "shadow tolls" for the Federal Highway Administration and revolving loan structures for state infrastructure banks (SIBs).
David has served as lead financial advisor on engagements that have included approximately $20 billion of new money and refunding debt structures secured by toll revenues, gas tax and vehicle registration fee revenue, general obligation, sales tax revenue, airport revenue, seaport revenue, tourist/hotel tax revenue, water and sewer system revenue, solid waste facilities revenue and excise tax revenue. His active transportation privatization and P3 efforts include engagements for Arizona DOT’s South Mountain Freeway, the Jacksonville Port Authority, the Maryland Ports Administration (MPA) and the North Carolina DOT.