Infrastructure

Atlanta's airport and the rapid transit system have the biggest anticipated capital plans over the next five years.

"Most states do not expect to be able to keep key roads and bridges to a state of good repair," said David Draine, principal officer, public sector, retirement systems for the Pew Charitable Trusts. 

The House Appropriations Committee kicks things off with markups of three infrastructure-related funding bills this week, including transportation.

Moody's has downwardly revised the outlook for Baltimore's issuer rating and several classes of bonds due to a trend of declining fund balance levels in a city dependent on a major international shipping port.

The layoffs will mean a hit to basic services and the cancellation or delay of projects.

The dueling lawsuits underscores the need for alternative dispute resolution in public-private partnership contracts, said a P3 attorney.

The policy shift may crowd out some projects, warned Baruch Feigenbaum, senior managing director of transportation policy at Reason Foundation.

Oregon Department of Transportation leaders said they will begin layoffs Monday after lawmakers adjourned without passing a transportation funding bill.

The addition of Turner-Bond as a partner will deepen Orrick's public finance practice's P3 expertise.

Reduced ridership, political backlash, and zero-fare agencies are challenging transit system finances.