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Governor Wolf Commits to Phasing Out Gas Tax, Announces Commission to Develop Funding Solutions

March 16, 2021 - in Financial, News

Harrisburg, PA – Governor Tom Wolf today reiterated his commitment to phase out Pennsylvania's gas tax, which is becoming an unreliable source for funding Pennsylvania's vast transportation network. To make this possible and to further address the state's…

USDA Investing $285M In Transportation, Infrastructure

March 16, 2021 - in Financial, News

The U.S. Department of Agriculture plans to invest $285 million to help the Forest Service address critical deferred maintenance and improve transportation…

Transportation Getting $100B From $1.9T COVID Package

March 15, 2021 - in Featured, Financial, News

The $1.9 trillion COVID-19 relief package, known as the American Rescue Plan or ARP recently reconciled between the House of Representatives and the Senate…

MetLife Investment Management Originates $15.7 Billion in Private Placement Debt and Private Structured Credit In 2020

March 15, 2021 - in Financial, News

2020 business activity includes $3.6 billion of investments originated on behalf of third party institutional asset management clients    WHIPPANY, N.J.— MetLife Investment Management (MIM), the institutional asset management business of MetLife,…

Transportation Funding Allows Counties and Cities To Prioritize Local Transportation Needs

March 10, 2021 - in Financial, News

IERRE, S.D. – The South Dakota Transportation Commission approved over $36 million in funding allocations to counties and class 1 cities throughout South Dakota at their meeting held on February 25, 2021. This total includes $6 million directly resulting…

€200m European venture capital tech fund launched with a mission to de-carbonise cities

March 5, 2021 - in Financial, News

A new venture capital fund, 2150, has been launched to invest €200 million ($240 million) in start-up companies developing sustainable technologies to target the carbon footprint of cities.  The advisory board for 2150, including former chief sustainability…

U.S. Department of Transportation Announces Up to $448 Million Loan for the 183A Phase III, 183S, and 290E Phase III Road Projects in Austin

March 4, 2021 - in Financial, News

Refinancing Projected to Save Central Texas Regional Mobility Authority More Than $80 Million WASHINGTON – U.S. Transportation Secretary Pete Buttigieg today announced that the U.S. Department of Transportation’s Build America Bureau (the Bureau) has provided…

2021-22 Highway Worker Memorial Scholarship Opportunities Available

March 2, 2021 - in Financial, News, People

Application Deadline: April 16 WASHINGTON - The American Road & Transportation Builders Association Transportation Development Foundation (ARTBA-TDF) is seeking qualified students for its 2021-22 “Lanford Family Highway Worker Memorial Scholarship…

Fisher, Khan to Lead WSP USA State & Local Government Affairs

February 26, 2021 - in Financial, News

John Fisher brings 24 years of public policy and project management experience, 12 with WSP; Omar Khan held senior roles for the NYC Mayor’s office and in the Obama Administration   SAN FRANCISCO/NEW YORK CITY — John Fisher and Omar Khan have been…

PennDOT Announces ‘Major Bridge P3 Initiative’ Next Steps, Private Sector Opportunities

February 26, 2021 - in Bridges, Financial, News

Harrisburg, PA: As part of its study to explore sustainable transportation funding methods and completing critical projects, the Pennsylvania Department of Transportation (PennDOT) has announced the bridges being considered for its PennDOT Pathways Major Bridge…