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President Biden, USDOT Announce More than $20 Billion for Communities of All Sizes to Support Transit This Year

April 8, 2022 - in Financial, News

President’s Bipartisan Infrastructure Law provides largest-ever investment in transit, giving riders better service while creating jobs and growing U.S. manufacturing WASHINGTON – President Biden and the U.S. Department of Transportation's Federal Transit…

Caltrans Awards $34.7 Million to Plan Sustainable Transportation Projects in Local Communities

April 6, 2022 - in Financial, News

Sacramento — Caltrans announced today it is awarding $34.7 million in state and federal funds to cities, counties, tribes and transit agencies…

U.S. Transportation Secretary Pete Buttigieg Announces the President’s Fiscal Year 2023 Budget for the U.S. Department of Transportation

March 31, 2022 - in Financial, News

Department’s Budget Makes Vital Investments in Making Transportation Safer, More Reliable and More Affordable The Biden-Harris Administration today…

U.S. Transportation Secretary Buttigieg Recommends Nearly $4.5 Billion To Move New and Expanded Public Transit Services Forward and Lower Financing Costs

March 31, 2022 - in Financial, News

Popular grant program that helps communities advance transit projects got a major boost from President Biden's Bipartisan Infrastructure Law  WASHINGTON – U.S. Transportation Secretary Pete Buttigieg today announced the Department is recommending $4.45…

FHWA Announces New Guidance, Increased Funding for Infrastructure Program that Helps States and Communities Create Safer, More Walkable Streets

March 31, 2022 - in Financial, News, Transportation

President Biden’s Bipartisan Infrastructure Law nearly doubles funding for Transportation Alternatives, which supports projects from Safe Routes to School to bicycle infrastructure   WASHINGTON – The Federal Highway Administration (FHWA) today announced…

USDOT Offers $2.9B In Combined Multimodal Grants

March 28, 2022 - in Financial, News

The U.S. Department of Transportation is making $2.9 billion in grant funding available for “major” infrastructure projects through a notice of funding opportunity or NOFO through its new Multimodal Projects Discretionary Grant initiative. The deadline…

Despite national transportation funding increase, additional sustained funds required to make needed improvements

March 25, 2022 - in Financial, News

ADDITIONAL TRANSPORTATION FUNDING PROVIDED BY THE INFRASTRUCTURE INVESTMENT & JOBS ACT ALLOWS FOR NEEDED IMPROVEMENTS TO U.S. ROADS, BRIDGES & TRANSIT; DESPITE ADDITIONAL FUNDING, INCREASED AND SUSTAINED REVENUE REQUIRED TO MAKE NEEDED IMPROVEMENTS…

U.S. Department of Transportation Announces $10 Million to Help Minority- and Women-Owned Businesses Compete for Federal Highway Contracts

March 21, 2022 - in Financial, News

WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced $10 million in funding from the Fiscal Year 2021 Disadvantaged Business Enterprise/Supportive Services (DBE/SS) program to help eligible small businesses…

President Biden and the U.S. Department of Transportation Announce $409 Million for 70 Transportation Projects in 39 States

March 15, 2022 - in Financial, News

Bipartisan Infrastructure Law boosts bus transit funding by $10 billion over the next five years to modernize America’s transit bus fleet WASHINGTON – Today, President Biden and the U.S. Department of Transportation's Federal Transit Administration (FTA)…

Siemens Launches $100 Million Capital Program to Jumpstart Sustainability Journey for Small and Medium Sized Businesses

March 10, 2022 - in Financial, News

Kick-starter capital targets small and mid-market companies as increased focus is put on Scope 3 CO2 emissions Small and medium sized businesses make up majority of American economy, have outsized impact on nation’s climate goals Today, Siemens Smart Infrastructure…