Infrastructure News from Bond Buyer

The White House's involvement in expanding Dulles International Airport lead to plans for a $22.5 billion bond sale, while questions remain about steep passenger fees that may be required.

The planned Sites Reservoir project in California faces financial uncertainty as officials await a regulatory decision about its usable water supply.

The California High-Speed Rail Authority and the High Desert Corridor Joint Powers Agency will cooperate, notably on the station where they plan to connect.

New leadership and private capital are part of the strategy to push the high-speed rail project to its overdue completion.

Congress should also eliminate the mass transit account from the Highway Trust Fund, and consolidate all federal fuel tax revenues into the HTF, the USDOT proposed.

While the surface transportation reauthorization lumbers through Congress and IIJA funds starting to sunset, some states are tapping pooled bond funds and relying on independent financing authorities.

Action on a surface transportation bill, however, is likely to be delayed until September.

The Senate Environment and Public Works Committee released a bipartisan agreement on the Water Resource Development Act, a positive step toward answering questions about state revolving funds used by local water authorities for infrastructure improvements.

The Build America Bureau "continues to work with the project sponsor to obtain the information required for the creditworthiness review," said a USDOT spokesperson.

Tracking with the larger U.S. managed lane sector, the company enjoyed strong growth in its North American market.

Sen. Lindsey Graham's death adds another challenge for Congress as the GOP will find replacements for his committee assignments, including the Environment and Public Works, which oversees the surface transportation bill reauthorization.

Construction delays and slowing international air traffic pushed rating agencies to change the outlook to negative on JFK's New Terminal One.

Mayors and city leaders face an uncertain future from dwindling federal infrastructure funding, but a major housing bill offers hope.

With the future of U.S. public funding for infrastructure remains cloudy in terms of quantity and delivery methods, sentiment appears to be shifting towards allowing more private investment.

The MBTA may be moving past its days of literal train wrecks, but creating a better system is costly.

The Trump administration's attempt to strip funds for the Gateway Hudson River rail tunnel project "fragrantly" violated federal law, according to a judge.

Grace Martinez steps into the president's office at the Government Financial Officers Association hoping to continue the organization's membership expansion.

Municipal bond professionals discuss the value of using munis to finance infrastructure for the World Cup.

Uncertainty about the fate of the bipartisan housing bill, advance refunding, and a new take on Build America Bonds is raising hopes and concerns among issuers.

Academics, policy makers and lawmakers are exploring ways to deal with the rising costs of operating bus lines and identify funding options.