The U.S. Department of Transportation (USDOT) announced its final rule amending the Railroad Rehabilitation and Improvement Financing (RRIF) and Transportation Infrastructure Finance and Innovation Act (TIFIA) programs to...more
6/3/2024
/ Department of Transportation (DOT) ,
Final Rules ,
Infrastructure ,
Infrastructure Financing ,
Infrastructure Investment and Jobs Act (IIJA) ,
Interest Rates ,
Loans ,
Public Private Partnerships (P3s) ,
Public Projects ,
Railroad Rehabilitation and Improvement Financing (RRIF) ,
TIFIA ,
Transportation Industry
The Indiana Department of Transportation (INDOT) announced a first round of 39 awards for its Charging the Crossroads program on March 28, 2024. The program utilizes funding under the National Electrical Vehicle...more
The U.S. Department of Transportation Federal Highway Administration (FHWA) on March 7, 2024, announced a proposed rule that would discontinue its longstanding Buy America waiver for manufactured products used in FHWA-funded...more
3/11/2024
/ Buy America ,
Department of Transportation (DOT) ,
Federal Highway Administration ,
Highway Trust Fund ,
Infrastructure ,
Manufacturers ,
Project Finance ,
Proposed Rules ,
Public Projects ,
Transportation Corridor ,
Waivers
The Indiana Department of Transportation (INDOT) rolled out its new statutorily authorized pilot progressive design-build (PDB) and construction manager/general contractor (CMGC) transportation infrastructure project delivery...more
11/16/2023
/ Construction Project ,
Contract Terms ,
Design-Bid-Build ,
Design-Build ,
General Contractors ,
Infrastructure ,
Investment ,
Project Delivery Methods ,
Public Private Partnerships (P3s) ,
Public Projects ,
Request for Proposals ,
State Departments of Transportation ,
Transportation Corridor
Summary -
The nation’s first variable tolling program in a central business district (CBD) reached a new milestone, bringing New York City’s Metropolitan Transportation Authority (MTA) closer to its goal of launching...more
5/15/2023
/ City of New York ,
Environmental Review ,
Federal Highway Administration ,
Infrastructure ,
Motor Vehicles ,
NEPA ,
New York ,
Public Transportation ,
Regional Transportation Planning ,
State and Local Government ,
Surface Transportation ,
Taxi Cabs ,
Tolls ,
Transportation Corridor
The Federal Highway Administration (FHWA) on July 5, 2022, released a revised Form FHWA-1273, “Required Contract Provisions Federal-Aid Construction Contracts,” the first reissued form since 2012....more
Summary -
The U.S. Department of Transportation (USDOT) has temporarily suspended Buy America requirements for certain construction materials needed to build infrastructure projects with federal participation, in part due...more
For those interested in availability payment (AP) or service payment structures for public-private partnerships (P3s), June 15, 2020, was an important day despite lack of fanfare....more
Surface transportation has been a topic of federal policy consideration in recent weeks. The U.S. House of Representatives floated a partisan, large transportation bill, while the U.S. Senate continues to advocate for a...more
The primary objective of the guidelines is to improve financial reporting by addressing issues related to P3s and APAs. The guidelines provide uniform guidance on accounting and financial reporting for transactions that meet...more
6/27/2019
/ Comment Period ,
Draft Guidance ,
GASB ,
Infrastructure ,
Project Finance ,
Public Private Partnerships (P3s) ,
Public Projects ,
Real Estate Development ,
Rulemaking Process ,
State and Local Government ,
Urban Planning & Development
New Jersey has enacted legislation that greatly expands the pool of public agencies authorized to enter into public-private partnerships (P3s) for capital projects in the state, in order to address growing infrastructure...more
8/21/2018
/ Construction Industry ,
Construction Project ,
Infrastructure ,
New Legislation ,
Project Finance ,
Public Agencies ,
Public Private Partnerships (P3s) ,
Public Projects ,
Real Estate Development ,
State and Local Government ,
Tax Exemptions ,
Transportation Industry ,
Urban Planning & Development
The American Infrastructure Initiative (infrastructure plan) released by the White House last week aims to stimulate more than $1.5 trillion in new investment over the next decade, shorten the process for approving projects,...more
The White House released a 53-page framework on Tuesday setting forth its legislative goals for rebuilding America's infrastructure (the Infrastructure Plan)....more
2/19/2018
/ Affordable Housing ,
Alternative Minimum Tax ,
Bonds ,
Construction Industry ,
Infrastructure ,
New Legislation ,
Project Finance ,
Public Private Partnerships (P3s) ,
Public Projects ,
Real Estate Development ,
State and Local Government ,
Tax Cuts and Jobs Act ,
Trump Administration ,
Urban Planning & Development
The U.S. Department of Transportation (USDOT) has revised and renamed a federal grant program that provides federal financial assistance to highway and freight projects of national or regional significance to support projects...more
The State of Louisiana has passed a public-private partnership (P3) law to help alleviate a $12.7 billion backlog in highway and bridge maintenance and construction needs across the state. The law authorizes the Louisiana...more
8/5/2016
/ Bridges ,
Construction Industry ,
Construction Project ,
Department of Transportation (DOT) ,
Highways ,
Infrastructure ,
New Legislation ,
Project Finance ,
Public Private Partnerships (P3s) ,
Public Projects ,
Surface Transportation
New Hampshire has joined a growing number of jurisdictions in the United States that have enacted legislation enabling public-private partnerships (P3) for transportation infrastructure projects. According to Governor Maggie...more
7/18/2016
/ Construction Industry ,
Construction Project ,
Department of Transportation (DOT) ,
Design-Build-Finance-Operate-Maintain (DBFOM) ,
Infrastructure ,
New Legislation ,
Project Finance ,
Public Private Partnerships (P3s) ,
Public Projects ,
Public Transportation ,
Regulatory Oversight ,
Surface Transportation ,
Transportation Contracts
On May 4, 2015, U.S. Senate Finance Committee Ranking minority member Ron Wyden, an Oregon Democrat, and Senator John Hoeven, a Republican from North Dakota, introduced legislation entitled the "Move America Act of 2015,"...more
The Obama administration's proposed 2016 budget, released on February 2, 2015, reflects the administration's commitment to finding ways to finance the country’s growing infrastructure requirements. The 2016 budget includes...more
Last week, Congress gave final approval to a $10.8 billion bill that will keep federal highway funds flowing to states through the busy summer construction season. While this short-term “patch” offers some relief, it is now...more
As part of his ongoing effort to urge Congress to address the nation’s critical infrastructure needs, President Obama recently announced the signing of an executive order creating the Build America Investment Initiative (the...more
President Obama recently signed into law the Water Resources and Reform Development Act of 2014 (WRRDA). The statute begins to address ways to fund the billions of dollars necessary to update the country’s drinking water...more
6/16/2014
/ Barack Obama ,
Drinking Water ,
Federal Funding ,
Financing ,
Funding ,
Infrastructure ,
Inland Waterways ,
Public Financing ,
Public Private Partnerships (P3s) ,
Tax Exemptions ,
US Army Corps of Engineers ,
Water ,
Water Infrastructure Finance and Innovation Act ,
WRRDA
Thursday night, the Pennsylvania General Assembly passed a comprehensive transportation bill to fund roads, bridges, mass transit, rail freight, ports, and airports over the next five years. Governor Tom Corbett is expected...more
Legislation encouraging the use of public-private partnerships (P3s) to address Maryland’s growing infrastructure needs has been passed by the General Assembly and signed into law by Governor O’Malley with bipartisan...more
President Obama recently announced the Rebuild America Partnership plan (RAPP), a bipartisan effort focused on rebuilding the nation’s aging infrastructure and driving economic growth. Through RAPP, the President proposes to...more
On February 25, Senator Jeff Merkley (D-Oregon) reintroduced legislation authorizing federal water infrastructure projects and creating a federal loan program modeled after the Transportation Infrastructure Finance and...more