Panoramic view from garage B

Center for Alternative Financing and Procurement (CAP)

travis building

In 2015, the Texas Legislature directed TFC to establish the Center for Alternative Finance and Procurement (CAP), to facilitate public-private partnerships (P3). The statutory mission of the Center is to consult with governmental entities regarding best practices for the procurement and financing of 'Qualifying Capital Projects'.

The Center consults with partners in determining the scope of the project using a pre-solicitation evaluation process. Partners discuss the best method to procure a Qualifying Capital Project, and The Center facilitates the design of the solicitation package. The Center may also participate in the evaluation of proposals received and in the negotiations of agreements to ensure partners achieve best value.

The Center can also provide guidance on management best practices and connect partners with industry experts and consultants. Additionally, The Center can provide independent oversight to projects to ensure compliance to Texas Government Code. (Chapters 2267 and 2268 of the Texas Government Code. Gov't Code 2152.110)

For more information about The Center please refer to the Public-Private Partnership Guidelines (12/21) here or contact:

Jon Conant, Director
Center for Alternative Financing and Procurement
(512) 657-9293


jon conant photo Jon Conant, Director of the Center for Alternative Financing and Procurement (CAP)

Mr. Jon Conant was recently appointed as Director of the Center for Alternative Financing and Procurement (CAP) of the Texas Facilities Commission (TFC).

Conant is very familiar with the mission of the program, as the former Regional Leasing Manager for TFC. Conant, a licensed real estate broker, brings over 25 years of experience in business and real estate to the CAF. He has served as president of the Travis County Municipal Utility District No. 22, participating in the master plan for the provision of water, sewage, and drainage services to over 5,000 residents. Conant has also worked for privately held technology companies in Texas and abroad. Most recently at TFC, Conant was responsible for managing a portfolio of leases for the State, working with State agencies on space allocation and managing the end-to-end lease transaction for client agencies.