Moody's Investors Service said it has upgraded the Herkimer County, N.Y., general obligation rating to Aa3 from A1, affecting $7.9 million in outstanding debt.
Herkimer County, N.Y., Upgraded to Aa3 by Moody's
FEB 6, 2013 12:53pm 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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