Jim Watts

Four potential private partners have submitted financial proposals for Maryland’s $2.16 billion Purple Line light-rail project.

Virginia Transportation Secretary Aubrey Layne opts for P3 financing of a $2.1 billion system of tolled express lanes.

Credit agencies say the new $305 billion FAST Act funding law is credit positive for state road and transit debt secured by federal transportation grants.

The five-year federal transportation funding act and state initiatives will boost infrastructure construction next year, ARTBA said.

President Obama signed a five-year, $305 billion transportation funding bill on Friday.

The House passed a multiyear transportation funding bill on Thursday that provides $305 billion over five years.

General revenue offsets totaling $70 billion in the five-year highway bill must cover a shortfall in gas tax collections.

The transportation conference committee on Tuesday reported a five-year bill that provides $305 billion of federal funding.

The conference committee on the transportation bill revived a transit funding program aimed at congested urban areas.

Democratic presidential contender Hillary Clinton proposed $275 billion of new federal infrastructure funding at a campaign rally in Boston on Sunday.