Nemetschek Group sponsors Venture Lab Built Environment at the Technical University of Munich
Dr. Axel Kaufmann (Spokesman of the Board & CFOO Nemetschek Group), Tanja Kufner (Head of Start Up & Venture Investments Nemetschek Group), Prof. Dr. Thomas F. Hofmann (President of TUM) and Dr. Sandra Bogdanovic (Fundraising Officer TUM) Munich, October 4, 2021 - The Nemetschek Group today signed an agreement to sponsor the TUM Venture Lab Built Environment. The global provider of software for the construction industry, headquartered in Munich, will support the new innovation center fin...
Saïd Business School research finds cost-benefit analysis of public investments are highly inaccurate and biased
New research from Bent Flyvbjerg, First BT Professor and Inaugural Chair of Major Programme Management at Saïd Business School, and Dirk W. Bester, professional statistician, finds that cost-benefit analyses of public investments are highly inaccurate and biased. The bad news is that this means the many cost-benefit analyses underpinning most public investments -- from HS2 in the UK to California's high-speed rail line -- cannot be trusted as currently done. The good news is that Flyvbjerg an...
U.S. Department of Transportation Awards Nearly $100 Million in Grants to Support Pipeline and Hazardous Materials Safety Efforts
WASHINGTON – The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) announced today that it is awarding $98,800,117 in grants to states, territories, and tribes to help enhance pipeline and hazardous materials safety programs at the community level for 11 different safety programs. “States and community groups play an important role in addressing the safety challenges associated with pipelines and hazardous materials,” said PHMSA Acting Admin...
U.S. Department of Transportation Announces up to $36.4 million TIFIA Loan to Fund Two Infrastructure Projects in Louisiana
WASHINGTON – The U.S. Department of Transportation today announced that its Build America Bureau has provided a Transportation Infrastructure Finance and Innovation Act (TIFIA) direct loan in the amount of up to $36.4 million to the Louisiana State Bond Commission for two different transportation projects. The DOT provides TIFIA loans and other surface transportation infrastructure financing through its Build America Bureau to help reduce costs and speed the delivery of infrastructure projects....
U.S. Department of Transportation Announces up to $1.66 Billion TIFIA Loan to Hampton Roads Transportation Accountability Commission for the New Hampton Roads Bridge Tunnel Project
WASHINGTON – The U.S. Department of Transportation today announced that its Build America Bureau (the Bureau) has provided a Transportation Infrastructure Finance and Innovation Act (TIFIA) direct loan in the amount of up to $1.66 billion to Hampton Roads Transportation Accountability Commission (HRTAC) for the Hampton Roads Bridge Tunnel (HRBT) Project and to cancel and replace the existing 2019 TIFIA HRTAC Loan. The DOT provides TIFIA and other surface transportation infrastructure financing t...
U.S. Department of Transportation Announces $99.9 Million Grant Award for the MAX Red Line Extension and Reliability Improvements Project in Portland, Oregon
WASHINGTON – The U.S. Department of Transportation's Federal Transit Administration (FTA) today announced a construction grant award of $99.9 million to the Tri-County Metropolitan Transportation District of Oregon (TriMet) for "A Better Red," the MAX Red Line Extension and Reliability Improvements Project in the Portland metro area. The 7.8-mile red line extension will help connect Beaverton, Portland International Airport, and the Gateway Transit Center, providing a frequent, reliable and low-...
FAA Invests $42 Million in Airports Across Alaska
WASHINGTON – The U.S. Department of Transportation’s Federal Aviation Administration (FAA) will award seven Alaska airports a total of $42 million in Airport Improvement Program grants to help with safety, access and sustainability efforts. The FAA has awarded more than 64 grants totaling $257.4 million to Alaska airports during fiscal year 2021. “These grants reflect our ongoing commitment to the unique needs of Alaska aviation community and our focus on supporting the extensive Alaska Nati...
Agency of Transportation Announces 2022 Transportation Alternatives Program Grant Opportunit
Barre, Vt. — The Vermont Agency of Transportation (AOT) today announced that it is now accepting grant applications for the SFY 2022 Transportation Alternatives Program. This year, funding of approximately $2.2 million is available for all eligible activities as described in the Vermont Transportation Alternatives Fall 2021 Application Guide at http://vtrans.vermont.gov/highway/local-projects/transport-alt. Applications are due by e-mail by Wednesday, November 24, 2021. A virtual informatio...
U.S. Department of Transportation Announces First Ever INFRA Extra Project Designations to Help Fund Dozens of Priority Projects in Communities Around the Country
WASHINGTON – The U.S Department of Transportation today announced that the Biden-Harris Administration will designate 44 projects around the country as INFRA Extra, making them eligible to apply for credit assistance for up to 49% of costs. These projects made it to the final round for funding under the 2021 INFRA competitive grant program, but were not awarded due to a combination of overwhelming demand for INFRA grants and limited funds. Like projects that received INFRA, the projects receivin...
Transportation Commission awards over $24 million in contracts in September
CHEYENNE, Wyo. — During its September 16 business meeting, the Wyoming Transportation Commission awarded over $24 million in contracts for seven Wyoming Department of Transportation construction projects. The commission awarded a $10.7 million bid to Cheyenne contractor Knife River to complete milling and paving work on Interstate 25 in Platte County. In Park County, McGarvin-Moberly Construction Co. out of Worland will be grading, paving and chip sealing a six-mile section of Wyoming High...
Video: New Roundabout Under Construction at McIver and Old Florence Roads in Darlington County
Promenade at The Point
June Issue 2026
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