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Rebuild Beirut

September 16, 2020 - in Financial, News

Help Blast Victims in Beirut Rebuild Their Homes Last month, a chemical explosion ravaged the Port of Beirut, Lebanon. With a 5 km blast radius, thousands of homes were flattened and hundreds of lives were lost. Our engineer Carl Abinader is usually based…

FHWA Issues Emergency Funds to Louisiana for Storm Recovery

September 14, 2020 - in Financial, News

The Federal Highway Administration issued $5 million in “quick release” emergency relief funds on September 4 to help Louisiana begin repairing highways…

U.S. Department of Transportation Announces Availability of $70 Million for Nationally Significant Federal Lands and Tribal Projects Grants

September 10, 2020 - in Financial, News

WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today published a Notice of Funding Opportunity (NOFO)…

Congress urges DOT, FAA to release funds for workforce program

September 8, 2020 - in Financial, News

As the federal fiscal year quickly ticks away, members of Congress are urging the Department of Transportation and the FAA to implement two important aviation workforce grant programs that have been authorized but not awarded for nearly two years. Led by Sens.…

USDOT Announces More Than $1.2 Billion in Infrastructure Grants to America’s Airports

September 3, 2020 - in Financial, News

WASHINGTON – U.S. Secretary of Transportation Elaine L. Chao announced today that the Trump Administration will award more than $1.2 billion in airport safety and infrastructure grants through the Federal Aviation Administration (FAA)…

Georgia Bonds Provide Boost to Transportation Investments

September 1, 2020 - in Financial, News

Georgia recently sold $1.133 billion in two different series of general obligation bonds that will in part fund new transportation projects as a way to help bolster economic growth for the state. [Above photo by the Georgia DOT.] The largest amount of funding…

FTA Announces Nearly $100 Million to Improve Transit in South Florida

August 31, 2020 - in Financial, News

WASHINGTON – The U.S. Department of Transportation's Federal Transit Administration (FTA) today announced a $99.9 million grant to the Miami-Dade County Department of Transportation and Public Works (DTPW) for the South Corridor Rapid Transit Project in…

PE Bridge Improvements Grant Recipients Announced

August 31, 2020 - in Financial, News

PIERRE, S.D. – The South Dakota Transportation Commission awarded 40 Preliminary Engineering Bridge Improvement Grants (BIG) totaling $1.47 million at its meeting today in Pierre.                   …

USDOT Announces $400 Million in Federal Funding Allocations for Four Transit Infrastructure Projects

August 28, 2020 - in Financial, News

Arizona, Indiana, Missouri and New Jersey Projects Receive Funding, including $248 million for Portal North Bridge Project in New Jersey WASHINGTON – The Trump Administration today announced a total of $400 million in federal funding will be allocated by…

Study: States Can Lease Toll Roads to Fund Other Infrastructure, Pay Off Debt

August 25, 2020 - in Financial, News

Amidst recession and plummeting revenues, monetizing state-owned toll roads can fund other needed transportation projects or pay off debt and public pension liabilities. Los Angeles (August 25, 2020) — As state governments grapple with the coronavirus pandemic,…