Asset concessions and innovative finance assistance

In this section: The term “approved infrastructure asset” means— The term “asset concession” means a contract between an eligible entity and a concessionaire— under which— as consideration for the agreement or lease described in clause (i), the concessionaire agrees— The term “asset concession payment” means a payment that— may be— a series of payments scheduled to be made for— The term “eligible entity” means an entity described in subparagraph (B) that— An entity referred to in subparagraph (A) is any of the following: An eligible entity may use amounts made available from a grant under this section for technical assistance to build the organizational capacity of the eligible entity to develop, review, or enter into an asset concession, including for— An eligible entity seeking to leverage public and private funding in connection with the development of an early-stage approved infrastructure asset, including in the development of alternative approaches to project delivery or procurement, may use amounts made available from a grant under this section to retain the services of an expert firm to provide to the eligible entity direct project level assistance, which services may include— The Secretary shall ensure that, as a condition of receiving a grant under this section, for any asset concession for which the grant provides direct assistance— Not later than 3 years after the date on which an eligible entity enters into an asset concession as a result of a grant under this section—