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U.S. Department of Transportation Announces Competitive Grant Solicitation for Nearly $5 Million for Four New University Transportation Research Centers

April 1, 2020 - in Financial, News

WASHINGTON – As part of its University Transportation Centers (UTC) program, the U.S. Department of Transportation (DOT) is seeking applications from institutions of higher education for four new Tier 1 UTCs, with total awards of $4.925 million. “Our University…

Sunray Engineering Group Limited to raise a maximum of approximately HK$70 million by way of Public Offer and Placing

March 31, 2020 - in Corporate, Financial, News

Highlights A Hong Kong-based building protection solution provider Providing solutions which integrate the provision of building protection works with…

Democrats eye major infrastructure component in next coronavirus package

March 31, 2020 - in Financial, News

With the ink barely dry on a massive, $2 trillion coronavirus relief package, House Democrats are already laying out their targets for the next round…

Via raises Series E financing to expand access to efficient, sustainable, and equitable public mobility across the globe

March 31, 2020 - in Financial, News

March 30, 2020 (New York, NY) — Via, the company that provides digital infrastructure to power public mobility in cities around the world, announces today that it has raised a Series E financing led by EXOR. The financing values the company at $2.25B and…

Senate Passes Stimulus Package With Billions, Potentially, for Construction

March 26, 2020 - in Featured, Financial, News

Following five days of tough negotiations among Republican and Democratic leaders and the White House, the Senate has overwhelmingly approved a massive measure aimed at helping laid-off workers, financially strapped companies and a stressed health care system—all…

FTA Makes Emergency Funding Available for Coronavirus Needs

March 23, 2020 - in COVID-19, Featured, Financial, News

The Federal Transit Administration expanded eligibility of federal assistance via it Emergency Relief Program on March 13 to help transit agencies coping with the Coronavirus in states where the governor has declared an emergency. [Above photo by MBTA.] This…

NJDOT awards $4.8 million in Airport Improvement Program grants

March 20, 2020 - in Financial, News

Grants will support projects at nine airports in seven counties (Trenton) – The New Jersey Department of Transportation (NJDOT) today announced the awarding of 12 Airport Improvement Program grants totaling more than $4.8 million in state funds to support…

U.S. Department of Transportation Announces $20.3 Million in Grants to Improve Transportation Access Through Innovative Technologies

March 18, 2020 - in Financial, News

WASHINGTON – The U.S. Department of Transportation’s (USDOT) Federal Transit Administration (FTA) today announced approximately $20.3 million in grant selections through the Integrated Mobility Innovation (IMI) program. IMI supports projects that use innovative…

USDOT Announces $5 Million for Flood-Damaged Roads and Bridges in Alabama

March 13, 2020 - in Financial, News

WASHINGTON – U.S. Transportation Secretary Elaine L. Chao today announced the availability of $5 million in “quick release” Emergency Relief (ER) funds to help repair roads and bridges damaged by floods in Alabama.  “This $5 million in emergency…

U.S. Department of Transportation Announces $8.5 Million Funding Opportunity to Help Communities Prosper through Transit

March 5, 2020 - in Financial, News

WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced a Notice of Funding Opportunity (NOFO) to apply for $8.5 million in Fiscal Year 2020 competitive grant funding for projects that help lift communities…