The present Report concerns the current status of the Italian Tau/Charm accelerator project and in particular discusses the issues related to the lattice design, to the accelerators systems and to the associated conventional facilities. The project a
ims at realizing a variable energy Flavor Factory between 1 and 4.6 GeV in the center of mass, and succeeds to the SuperB project from which it inherits most of the solutions proposed in this document. The work comes from a cooperation involving the INFN Frascati National Laboratories accelerator experts, the young newcomers, mostly engineers, of the Cabibbo Lab consortium and key collaborators from external laboratories.
