Virginia Extends Existing P3 to Toll I-395 HOV Lanes
Existing P3 arrangement will be expanded by Virginia to include tolls on high-occupancy interstate highway lanes near Washington, D.C.
more »
Transportation Secretary Anthony Foxx said he expects Congress to agree on a multiyear highway bill by Christmas. more »
A compromise measure reconciling House and Senate transportation funding bills could be ready for action next week. more »
Managing a successful transportation P3 requires political support and public approval from the beginning of the process, experts say. more »
Legislative gridlock in Congress over long-term transportation funding is causing problems for the states. more »
The Senate will consider a House-approved transportation appropriations bill that keeps fiscal 2016 highway funding at fiscal 2015 levels. more »
House Transportation and Infrastructure Committee leaders have introduced a bill that would extend transportation funding through Dec. 4 to give House and Senate conferees time to negotiate a multiyear measure. more »
New York and New Jersey announced a deal to allow a long-stalled Amtrak tail runnel project between New York and New Jersey to move full steam ahead. more »
The Federal Transit Administration estimates that more than $131 billion will be needed for transit systems in poor and marginal condition, including almost $86 billion to replace infrastructure that has already exceeded its useful life, Moody’s Investment Service said in a report issued on Thursday. more »
As many communities struggle, the capital necessary for investment may be hidden in plain sight with community development finance institutions. more »
Maryland gets $27.9 million grant to study a 40-mile magnetic levitation train route expected to cost $10 billion. more »
Oklahoma system will finance almost $900 million of turnpike projects with toll revenue bonds rather than state tax revenues. more »
Voters in eight states approved 26 of 37 transportation funding proposals on Nov. 3 ballots. more »
The House adopted a six-year, $325 billion transportation funding measure that must be reconciled by Nov. 20 with Senate's $342 billion plan. more »

Career Zone


New York State Assemblyman Phillip Goldfeder, D-Queens, examines outer-borough growth and transit needs in New York City, as well as efforts to harden its water-exposed neighborhoods.

The notion of option-adjusted spread (OAS) is the standard analytical tool for taxable fixed income securities. It is also making inroads into the muni market. Unfortunately the usual implementation for munis is flawed, rendering the results virtually meaningless. So it is understandable that many muni professionals shy away from OAS in favor of the archaic ‘yield-to-worst’ approach. Correct implementation would undoubtedly attract converts.

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.