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Trump Budget Offers Information on Infrastructure Plan

May 31, 2017 - in Financial, News

President Trump used documents released with his 2018 budget proposal to provide more information on his plans for major infrastructure investment, along with a request to spend an initial $5 billion for it in the fiscal year that starts Oct. 1. In all, Trump…

Survey Reveals Infrastructure Increase by 4.9%

May 30, 2017 - in Featured, Financial, News

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Barrasso Emphasizes Use of Existing Formula System to Allocate New Infrastructure Funds

May 24, 2017 - in Financial, News

The chairman of the Senate Environment and Public Works Committee told U.S. Transportation Secretary Elaine Chao he wants to see new infrastructure funding…

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 under the Pennsylvania Department of Transportation’s "Green Light-Go" program. "This is the third round…

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 in funding for capital projects at a true interest cost of 2.67 percent. Transportation Secretary Jennifer…

​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…