Gov. Ned Lamont (D) (seen above) is seeking to reduce transportation spending in the near-term in order to help balance Connecticut’s budget via a “debt diet,” while implementing new tolls on both cars and commercial trucks to rebuild funding levels…
I-95 Coalition and DelDOT Receive A Third STSFA Grant
Dover (Statewide) - The I-95 Corridor Coalition, with the Delaware Department of Transportation, was awarded a federal grant to continue exploring whether…
Transportation Funding to Flow Following Bicameral Legislative Agreement
As part of bicameral legislative deal to prevent a second partial federal government shutdown while providing monies to build a wall along parts of the…
BUILD Infrastructure Grants Reduced in Recent Funding Deal
Funding for grants meant to assist states with infrastructure projects of regional significance was cut under the recently signed law ensuring federal agencies remain open through fiscal 2019. The Better Utilizing Investments to Leverage Development, or BUILD,…
USDOT Formally Awards Florida City $25M BUILD Grant
Transportation Secretary Elaine Chao officially awarded the City of Jacksonville, FL, and the Jacksonville Transportation Authority a shared $25 million grant to support two projects in a formal ceremony on Feb. 8. [Above photo via USDOT.] Made under the Better…
Seven State DOTs Get FHWA Grants to Test ‘Alternate’ Infrastructure Funding Methods
The Federal Highway Administration awarded $10.2 million in Surface Transportation System Funding Alternatives or STSFA grants to seven state departments of transportation on Feb. 12; grants that aim to test “new ways” to finance highway and bridge projects.…
FHWA Awards More Than $10 Million to Seven States to Test New Ways to Fund Highways
WASHINGTON — The Federal Highway Administration (FHWA) today announced $10.2 million in Surface Transportation System Funding Alternatives (STSFA) grants to seven states to test new ways to finance highway and bridge projects. The program’s goal…
U.S. Department of Transportation Announces $30 Million Funding Opportunity for Passenger Ferry Service
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced the opportunity to apply for approximately $30 million in Fiscal Year 2019 competitive grant funding for passenger ferry projects nationwide. The…
Citi Tops GlobalData’s Global M&A Financial Adviser League Table in the Power Sector for FY2018
Citi has topped the latest M&A league table of the top 10 financial advisers for the power sector based on deal value in FY2018, compiled by GlobalData, a leading data and analytics company. The American bank advised on $117.1bn worth of deals, which included…
U.S. Secretary of Transportation Elaine L. Chao Joined by Jacksonville Officials to Formally Announce $25 Million BUILD Grant for Revitalization Projects
JACKSONVILLE – U.S. Department of Transportation Secretary Elaine L. Chao today made the formal announcement of a $25 million grant to support the Bay Street Innovation Corridor and Urban Core Riverfront Revitalization projects in Jacksonville. Secretary…
