  A Neutrino Factory where neutrinos of all species are produced in equal
quantities by muon decay is described as a facility at the intensity frontier
for exquisite precision providing ideal conditions for ultimate neutrino
studies and the ideal complement to Long Baseline Facilities like LBNF at
Fermilab. It is foreseen to be built in stages with progressively increasing
complexity and performance, taking advantage of existing or proposed facilities
at an existing laboratory like Fermilab. A tentative layout based on a
recirculating linac providing opportunities for considerable saving is
discussed as well as its possible evolution toward a muon collider if and when
requested by Physics. Tentative parameters of the various stages are presented
as well as the necessary R&D to address the technological issues and
demonstrate their feasibility.
