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U.S. Secretary of Energy Dan Brouillette Announces $3,844,215 for Small Business Research and Development Grants in Colorado

May 22, 2020 - in Financial, News

WASHINGTON, D.C. –U.S. Secretary of Energy Dan Brouillette today announced that the Department of Energy (DOE) will award 256 grants totaling $53 million to 211 small businesses in 35 states and the District of Columbia. These awards include 18 in Colorado…

Hill International Continues Work as Leader of International Consortium for Infrastructure Projects in the Western Balkans

May 21, 2020 - in Financial, News

PHILADELPHIA and BELGRADE, Serbia - Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has signed…

DART gets $229M in Cares Act funds

May 21, 2020 - in Financial, News

Dallas Area Rapid Transit (DART) has received notification that it has been allocated $229 million from The Coronavirus Aid, Relief, and Economic Security…

The U.S. & Europe Automatic Toll Payment Machine Market to Reach $101.5 Million, by 2027 Allied Market Research

May 20, 2020 - in Financial, News

Surge in demand for efficient traffic management at toll collection centers, and increase in need for improvement in parking infrastructure drive the growth of the U.S. & Europe automatic toll payment machine market.   Portland, OR, May 19, 2020 (GLOBE…

Engineering Firm Leaders Now Believe “Back to Normal” will take 12-18 Months, ACEC Business Impact Survey Shows

May 15, 2020 - in COVID-19, Financial, News

Washington, DC - More U.S. engineering firm leaders now believe a “return to normal” for their businesses will take between 12-18 months, a significant increase compared to nearly a month ago, the latest ACEC Research Institute Business Impact Survey 6…

USDOT Provides $500M Loan to Port of Long Beach

May 14, 2020 - in Financial, News

The U.S. Department of Transportation’s Build America Bureau said on May 4 it will provide a Transportation Infrastructure Finance and Innovation Act or TIFIA loan to the Port of Long Beach for up to $500 million to help finance construction of the Gerald…

U.S. Department of Transportation Announces More Than $22 Million in Grants to Restore and Enhance Intercity Passenger Rail Network

May 7, 2020 - in Financial, News

U.S Department of Transportation Office of Public Affairs 1200 New Jersey Avenue, SE Washington, DC 20590 www.transportation.gov/briefingroom News  WASHINGTON – The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today announced…

USDOT Announces $500 Million Loan for Port of Long Beach

May 6, 2020 - in Financial, News

WASHINGTON – U.S. Transportation Secretary Elaine L. Chao today announced that the U.S. Department of Transportation’s Build America Bureau will provide a loan of $500 million under the Transportation Infrastructure Finance and Innovation Act (TIFIA) to…

USDOT Announces Over $1 Billion in Grants to 439 Airports in 50 States

May 4, 2020 - in Financial, News

WASHINGTON – U.S. Secretary of Transportation Elaine L. Chao announced today that the Department of Transportation’s Federal Aviation Administration (FAA) will award $1.187 billion in airport safety and infrastructure grants. The total includes $731 million…

States Projecting Big Budget Cuts Due to COVID-19

May 4, 2020 - in COVID-19, Financial, News

State governments continue to ratchet back current spending and projected budget outlays due to the economic impact of the COVID-19 pandemic; reductions that are starting to include planned transportation infrastructure investments. [Above photo by the New…