Nearly $79M in Local Project Grants Go Out to New Jersey Municipalities
June 8, 2017 in News , Financial
Nearly $79M in Local Project Grants Go Out to New Jersey Municipalities

New Jersey Gov. Chris Christie said the state will distribute $78.75 million in grants to localities for transportation projects under its Municipal Aid program. "Most of the Municipal Aid grants will support road resurfacing or preservation projects, and will help towns make much needed repairs," said NJDOT Commissioner Richard Hammer. "These grants will help keep local roads in a state of good repair without burdening local property taxes." The announcement said competitive awards will g...

U.S. Transportation Secretary Elaine L. Chao Announces $527.8 Million in Infrastructure Grants to Airports
June 5, 2017 in News , Financial
U.S. Transportation Secretary Elaine L. Chao Announces $527.8 Million in Infrastructure Grants to Airports

WASHINGTON – U.S. Department of Transportation Secretary Elaine L. Chao today announced the Federal Aviation Administration will award $527.8 million in airport infrastructure grants to 584 airports across the United States as part of the FAA’s Airport Improvement Program (AIP). “The Airport Improvement Program helps to maintain our aviation infrastructure and supports safety, capacity, security and environmental improvements,” said Secretary Chao. The airport grant program funds various t...

U.S. Department of Transportation Announces $197 Million in Grants for Positive Train Control Implementation
June 5, 2017 in News , Financial
U.S. Department of Transportation Announces $197 Million in Grants for Positive Train Control Implementation

WASHINGTON – The U.S. Department of Transportation’s Federal Railroad Administration (FRA) and Federal Transit Administration (FTA) today announced the grant recipients who will receive $197 million in competitive grant funding to help commuter and intercity passenger railroads meet the December 31, 2018 deadline to implement Positive Train Control (PTC) systems to improve safety. The $197 million in PTC grant funding, authorized under the Fixing America’s Surface Transportation (FAST) Act, w...

Trump Budget Offers Information on Infrastructure Plan
May 31, 2017 in News , Financial
Trump Budget Offers Information on Infrastructure Plan

President Trump used documents released with his 2018 budget proposal to provide more information on his plans for major infrastructure investment, along with a request to spend an initial $5 billion for it in the fiscal year that starts Oct. 1. In all, Trump as expected proposed allocating $200 billion in additional direct federal infrastructure funding over 10 years, with a goal of leveraging non-federal dollars to produce $1 trillion in new project investment over a decade. Although the...

Survey Reveals Infrastructure Increase by 4.9%
May 30, 2017 in News , Featured , Financial
Survey Reveals Infrastructure Increase by 4.9%

2017-GOV-Survey-Final-CTA-Public

Barrasso Emphasizes Use of Existing Formula System to Allocate New Infrastructure Funds
May 24, 2017 in News , Financial
Barrasso Emphasizes Use of Existing Formula System to Allocate New Infrastructure Funds

The chairman of the Senate Environment and Public Works Committee told U.S. Transportation Secretary Elaine Chao he wants to see new infrastructure funding distributed through the established formula system in which the Highway Trust Fund allocates money to states and transit agencies. Sen. John Barrasso, R-Wyo., first highlighted that issue in his opening statement at a May 17 hearing where Chao was testifying, and later pressed Chao on it. His emphasis on using the formula funding approa...

Siemens Highlights Alternative Financial Solutions to Support Infrastructure Modernization Initiatives
May 18, 2017 in News , Financial
Siemens Highlights Alternative Financial Solutions to Support Infrastructure Modernization Initiatives

For cities, implementing intelligent technology and infrastructure upgrades comes down to a question of affordability. But increasing access to private capital investment via public-private partnerships (P3s) and alternative financing models such as performance contracting have allowed cities to benefit from sharing project risks and fill gaps in funding in order to meet local public service obligations. As a sponsor of 2017 Infrastructure Week, Siemens is highlighting the successful applicat...

Pennsylvania Governor Announces $33 Million in Traffic Signal Improvement Funding
May 15, 2017 in News , Financial
Pennsylvania Governor Announces $33 Million in Traffic Signal Improvement Funding

Harrisburg, PA – Governor Tom Wolf announced today that 94 municipalities will receive $33 million to support the costs of upgrading traffic signals under the Pennsylvania Department of Transportation’s "Green Light-Go" program. "This is the third round of funding disbursed to support increased safety and mobility across more Pennsylvania towns," Governor Wolf said. "The Green Light-Go program addresses a fundamental trigger for congestion, deficient traffic signals, and the results will mean...

Delaware DOT Says Strong Credit Ratings Aid Bond Sale for Capital Projects, Debt Refunding
May 10, 2017 in News , Financial
Delaware DOT Says Strong Credit Ratings Aid Bond Sale for Capital Projects, Debt Refunding

The Delaware Department of Transportation said it completed a successful Delaware Transportation Authority bond sale on April 26, providing $75 million in funding for capital projects at a true interest cost of 2.67 percent. Transportation Secretary Jennifer Cohan said: "The rating agencies have given us high marks for a sound and well-managed financial plan. This latest bond sale comes at an opportune time because the interest rates to pay back this money are favorable." The announcement...

​Governor Wolf Announces New State Investments in Rail Projects, Supporting 375 Jobs
May 4, 2017 in News , Financial
​Governor Wolf Announces New State Investments in Rail Projects, Supporting 375 Jobs

Harrisburg, PA – Today, Governor Tom Wolf announced new project approvals through the State Transportation Commission totaling more than $40 million in funding that will support an estimated 375 jobs in rail freight projects statewide. "Keeping our extensive rail freight system in good shape is a common-sense way to ensure a sound foundation for the state's economy," said Governor Wolf. "Pennsylvania is ranked first when it comes to operating railroads, and we are committed to working with th...

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Video: Crashes Drop Measurably After Rural Road Safety Improvement Project on US 521 in Lancaster County

Video: Crashes Drop Measurably After Rural Road Safety Improvement Project on US 521 in Lancaster County

AdventHealth Weaverville Hospital

AdventHealth Weaverville Hospital

June Issue 2026

June Issue 2026