The U.S. Department of Transportation told Congress that it proposes to issue nearly $79 million to 10 freight-related roadway, rail and port infrastructure projects, under a Highway Trust Fund program lawmakers created in 2015. Transportation Secretary Elaine…
Road Builders Propose Funding Package Built Around New Fees on Freight
One of the most active advocacy groups for transportation infrastructure investments is calling on Congress to build a new long-term funding package around…
USDOT Completes $152.2M TIFIA Loan for Riverside (Calif.) County I-15 Express Lanes
The U.S. Department of Transportation said its Build America Bureau will provide a $152.2 million long-term, low-interest TIFIA loan to the Riverside…
Surface Transportation: A Comprehensive Plan Could Facilitate Implementation of a National Performance Management Approach
The Federal Highway Administration (FHWA) recently issued the last of six interrelated rules to implement a new performance-based approach to federal surface transportation grant programs. Three of the six rules establish 17 total performance measures in the…
Stakeholders in Global Smart City Market Seek New Funding Models to Monetize Projects
SANTA CLARA, Cal.– The capital-intensive task of transforming cities into seamless ecosystems is prompting governments to explore revenue sources beyond internal bodies and join hands with financial intermediaries and private investors. With the rising connectedness…
Panel Sends USDOT Bill to House With Cuts, After Challenge on Infrastructure
The full House Appropriations Committee on July 17 approved a fiscal 2018 transportation funding bill that would make cuts in transit assistance and end the popular TIGER grants, after brushing aside a push by minority Democrats to add an infrastructure…
Congress Deciding on Future Federal Spending in Infrastructure and Science
The House Appropriations Committee had a busy week, passing the remaining five (out of 12) appropriations bills this week, part of the process Congress goes through to create the federal budget. Here are the highlights of the bills affecting infrastructure…
U.S. Department of Transportation Announces $152.2 Million Loan to Riverside County Transportation Commission Toward Funding the I-15 Express Lanes Project
WASHINGTON – U.S. Transportation Secretary Elaine L. Chao today announced that the Department of Transportation’s Build America Bureau (Bureau) will provide a $152.2 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Riverside…
U.S. Department of Transportation Announces $290.6 Million in Infrastructure Grants to 105 Airports
WASHINGTON – The U.S. Department of Transportation today announced the Federal Aviation Administration (FAA) will award $ 290.6 million in airport infrastructure grants to 105 airports in 38 states across the United States as part of the FAA’s Airport…
MDOT Refunds Bonds, Saves Taxpayers Millions
Batesville, Miss.–The Mississippi Department of Transportation (MDOT) recently refunded H.E.L.P (Highway Enhancement through Local Partnerships) bonds for Marshall County on the Interstate 269 project saving the taxpayers of Mississippi $3,844,769, announced…
