Moody's Investors Service said it has downgraded to Ca from Caa3 the rating on Jefferson County, Ala., $3.14 billion in outstanding sewer revenue warrants; the outlook remains negative.
Jefferson Co., Ala., Sewers Cut to Ca by Moody's
FEB 13, 2013 2:17pm 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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