Infrastructure

Maryland blames a "post-pandemic market" for cost increases lifting the light rail line's price tag to $9.28 billion. The system is to open four years late in 2026.

If Congress opts for a continuing resolution instead of a full-year appropriation, transportation lobbyists said they would ask for an exception so that IIJA funds can begin to flow.

The investment could repair 15,000 bridges across the country and requires states to set aside at least 15% for local bridges.

The latest round of federal aid is not enough to move the needle over the long term.

The new water resources act comes as the Army Corps of Engineers' civil works program is set to see the largest influx of funding in its history.

The project will put an equity lens on investment practices that fund infrastructure.

With an insolvent Highway Trust Fund, alternatives to the federal fuel tax are more important than ever.

Other concerns include ongoing threats from the coronavirus, inflation and legislative inertia on muni issues in Washington, according to a Bond Buyer survey.

If it clears the legal hurdle, the company that owns the $30 billion project may seek a $12 billion Railroad Rehabilitation and Improvement Financing loan.

It would mark only the third transit P3 in the country and would be under pressure to deliver without the problems that dogged the other two.