Standard & Poor's Ratings Services said it has raised its rating on the city of Austin, Texas' separate-lien electric utility system revenue bonds outstanding to AA-minus from A-plus.
Austin Separate-Lien Electric Bonds Upgraded to AA-Minus by S&P
NOV 13, 2012 10:41am ET
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New York's budget leaves it at risk of becoming one of only five states that do not allow the use of design-build procurement to deliver public infrastructure projects.
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