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Texas Transportation Commission Approves More Than $2 Billion In Road Projects Across The State

March 3, 2015 - in Construction, Financial

AUSTIN, MArch 2, 2015—Three short months after Texas voters approved Proposition 1, adding $1.74 billion to the state highway fund, the Texas Transportation Commission today approved the construction of 201 road projects giving momentum to much-needed progress…

North Dakota Senate Approves Flood Diversion Funding

February 25, 2015 - in Financial, Maintenance

Feb. 25, 2015—The North Dakota Senate has approved funding for the F-M Area Diversion Project by a unanimous vote of 46-0. Senate Bill 2020 (SB2020)…

Policy Chief Meets With Industry Groups on Challenges of Infrastructure Financing

February 23, 2015 - in Financial

AASHTO Policy Director Joung Lee met with local government and public-private partnership stakeholders this month in separate national conferences, as…

U.S. Transportation Secretary Anthony Foxx Announces More than $232 Million in Emergency Relief for Road/Bridge Repairs

February 19, 2015 - in Financial, Maintenance

WASHINGTON, Feb. 19, 2015—U.S. Transportation Secretary Anthony Foxx today announced $232.5 million in Emergency Relief (ER) funds from the Federal Highway Administration (FHWA) to help 26 states and Puerto Rico repair roads and bridges damaged by storms,…

Record 2014 for M&A Activity in U.S. Architecture/Engineering Industry

February 18, 2015 - in Financial

Houston, Texas, Feb. 9, 2015—Fueled by a resurgent economy that boosted firm profits, domestic merger & acquisition activity in the architecture and engineering (“A/E”) industry hit record levels in 2014, according to Morrissey Goodale LLC, a leading…

The UK Infrastructure Act Becomes Law

February 16, 2015 - in Financial, Planning, Roads

The Infrastructure Act passed Parliament and received Royal Assent at the end of last week. The Act creates Highways England, a government-owned company to operate the UK's major roads with access to long term stable funding to ensure improvements are streamlined,…

U.S. Department of Transportation Announces $55 Million in Grants To Put More Zero-Emission Buses Into Service Across America

February 6, 2015 - in Financial, Transit

LOUISVILLE, Ky. – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced the selection of 10 projects that will receive a share of $55 million in competitive grants that will help put a new generation of advanced,…

ARCADIS International Construction Costs Report 2014

February 5, 2015 - in Construction, Financial

Switzerland is now the most expensive country in the world for construction, while Japan and Singapore have seen significant relative cost reductions over the last year, according to the 2014 International Construction Costs Report recently released by ARCADIS.…

Tackling Systematic Cost Overruns in Infrastructure Projects

February 4, 2015 - in Analysis, Financial, Planning, Transportation

PARIS, Feb. 4, 2015—Systematic cost-overruns in major capital infrastructure projects have significant implications for public policy decision makers: Projects that cost more than planned create budget pressures and this can translate into political difficulties.…

U.S. Transportation Secretary Foxx Recommends $3.2 Billion to Expand Transit Options that Improve Access to Jobs and Opportunities

February 4, 2015 - in Design/Engineering, Financial, Transit

WASHINGTON, Feb. 4, 2015 – U.S. Transportation Secretary Anthony Foxx today highlighted $3.2 billion recommended in President Obama’s Fiscal Year 2016 budget to advance the construction or completion of 25 rail, bus rapid transit (BRT), and streetcar projects…