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U.S. Department of Transportation Announces up to a $120.1 Million Loan for the Gilcrease Expressway West Project in Tulsa, OK

May 26, 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 (the Bureau) will provide up to a $120.1 million Transportation Infrastructure Finance and Innovation Act (TIFIA)…

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…

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 (CARES) Act, enacted on March 27. Funding from the CARES Act allows access to valuable financial resources…

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…