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Governor Cuomo Announces $62 Million for Pedestrian Safety Upgrades on State and Local Roads Across New York

June 14, 2018 - in Financial, News

Governor Andrew M. Cuomo today announced a $62 million investment as part of the groundbreaking Pedestrian Safety Action Plan, a multi-agency initiative to utilize engineering, education and enforcement campaigns to enhance pedestrian safety across Upstate…

Murphy Administration Announces New Jersey Transportation Infrastructure Bank is Open for Business

June 12, 2018 - in Financial, News

(Trenton) – The Murphy Administration today announced that the New Jersey Transportation Infrastructure Bank is now offering low interest loans to municipalities…

U.S. Department of Transportation Proposes Nearly $1.5 Billion in INFRA Grants

June 12, 2018 - in Featured, Financial, News

WASHINGTON – The U.S. Department of Transportation today announced nearly $1.5 billion in proposed grants through the Infrastructure for Rebuilding…

Idaho Receives Notice of $90 Million Federal Grant for I-84 Work

June 11, 2018 - in Financial, News

An area of major need in Idaho may get a vital shot of federal money, as federal officials shortlisted $90.24 million in grant funds to help ease congestion on Interstate 84 in the Treasure Valley between the Karcher Interchange and Franklin Boulevard. The…

Federal Transit Administration issues the Private Investment Procedures (PIPP) Final Rule

June 7, 2018 - in Financial, News

The U.S. Department of Transportation’s (U.S. DOT) Federal Transit Administration (FTA) issued the Private Investment Project Procedures (PIPP) Final Rule that describes new procedures aimed at helping the federal government develop more effective approaches…

Tariffs Threaten to Push Highway Project Costs Higher

June 5, 2018 - in Featured, Financial, News

The Trump administration's long-threatened imposition of tariffs on steel and aluminum imported from Canada, Mexico, and the European Union went into effect at midnight on May 31 – a move that is hiking construction costs for state departments of transportation…

FTA Provides $277.5M in Hurricane Recovery Funds

June 4, 2018 - in Financial, News

The Federal Transit Administration allocated $277.5 million in emergency relief funding on May 31 for public transportation systems damaged by Hurricanes Harvey, Irma, and Maria last year. The funds come from a Congressional appropriation of $330 million…

Moleaerâ„¢ Secures Over $6 Million Investment led by Energy Innovation Capital

May 29, 2018 - in Corporate, Financial, News

LOS ANGELES, May 29, 2018 - Moleaer, the leading manufacturer of industrial scale Nanobubble Generators for water and wastewater treatment, agriculture irrigation, and oil-water separation, today announced the Company has raised over $6 million in funding…

NCDOT Reports Savings from Toll Road Refinancing

May 23, 2018 - in Financial, News

​The North Carolina Turnpike Authority, one of five divisions of the North Carolina Department of Transportation, successfully refinanced a portion of the Triangle Expressway toll road's outstanding bonds back on May 11, resulting in more than $10.9 million…

U.S. Department of Transportation Announces $75 Million Grant Agreement for Bus Rapid Transit Project in Indianapolis, Indiana

May 18, 2018 - in Financial, News

WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced a $75 million grant agreement with the Indianapolis Public Transportation Corporation (IndyGo) for a new Bus Rapid Transit (BRT) line. The IndyGo…