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Siemens Highlights Alternative Financial Solutions to Support Infrastructure Modernization Initiatives

May 18, 2017 - in Financial, News

For cities, implementing intelligent technology and infrastructure upgrades comes down to a question of affordability. But increasing access to private capital investment via public-private partnerships (P3s) and alternative financing models such as performance…

Pennsylvania Governor Announces $33 Million in Traffic Signal Improvement Funding

May 15, 2017 - in Financial, News

Harrisburg, PA – Governor Tom Wolf announced today that 94 municipalities will receive $33 million to support the costs of upgrading traffic signals…

Delaware DOT Says Strong Credit Ratings Aid Bond Sale for Capital Projects, Debt Refunding

May 10, 2017 - in Financial, News

The Delaware Department of Transportation said it completed a successful Delaware Transportation Authority bond sale on April 26, providing $75 million…

​Governor Wolf Announces New State Investments in Rail Projects, Supporting 375 Jobs

May 4, 2017 - in Financial, News

Harrisburg, PA – Today, Governor Tom Wolf announced new project approvals through the State Transportation Commission totaling more than $40 million in funding that will support an estimated 375 jobs in rail freight projects statewide. "Keeping our extensive…

Four More States Set to Increase Gas Taxes to Support New Transportation Investments; New Analysis Shows Little Political Fallout

May 1, 2017 - in Financial, News

(WASHINGTON) - An examination of more than 2,500 state legislators from 16 states finds 91 percent of lawmakers who supported legislation to increase their state gas tax between 2013 and 2015 and ran for re-election won their seat during the next general…

Industry Groups Urge Budget Committees to Take Actions to Help Stabilize Trust Fund

April 24, 2017 - in Financial, News

A coalition of 34 national business, labor and transportation industry groups – including the American Association of State Highway and Transportation Officials – called on congressional budget writers to take steps to fix the Highway Trust Fund as they…

USDOT Awards $9 Million for Tribal Road Improvements

April 17, 2017 - in Financial, News

Seventy-four tribes were part of a $9 million award this week that will support 77 road safety projects in 22 states. The funds, which come from the Federal Highway Administration (FHWA)'s Tribal Transportation Program Safety Fund (TTPSF) are dedicated to…

ITD Saves Taxpayers Millions Through Innovation

April 14, 2017 - in Financial, News

RIGBY - Making the job easier, safer and faster – that’s the focus of a highly successful innovation program at the Idaho Transportation Department (ITD). Nearly 1,600 ITD employees throughout the state are embracing the new approach of working together…

California Legislature OKs $52 Billion Road Bill

April 10, 2017 - in Financial

SACRAMENTO — California drivers will pay more to drive in the state under a bill the Legislature passed Thursday to raise $52 billion from new taxes and fees to repair roads and bridges. That bill, SB1, will be sent to Gov. Jerry Brown, who has said he will…

Major Economic & Job Creation Boost Expected from Kansas Highway & Bridge Infrastructure Increase, New Analysis Finds

March 23, 2017 - in Financial, News

(WASHINGTON)—A new report finds that an annual $264 million increase in state highway and bridge infrastructure investment would support nearly $600 million in economic activity throughout all sectors of the Kansas economy. The additional demand, in turn,…