Moody's Investors Service said it has downgraded to Baa2 from Baa1 the underlying rating of the New Orleans Sewerage and Water Board, La.'s $160.9 million in outstanding sewer revenue bonds.
Moody's Downgrades to Baa2 New Orleans Sewerage and Water Board
JAN 17, 2013 9:53am 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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