Infrastructure

Law firm appoints Robert Labes to head its public and infrastructure finance practice group with hopes for expansion if an infrastructure bill comes to fruition.

During an industry briefing Tuesday, SIFMA's Kenneth Bentsen, Jr., said no matter who leads the SEC next, SIFMA will argue for an end to a temporary exemptive order.

The bipartisan plan unveiled Tuesday by Senate and House lawmakers includes $160 billion for state and local governments, $82 billion for schools, $15 billion for transit agencies, and $4 billion for airports.

MDOT will pay $250 million in the settlement, but answers to financial questions, including whether more bonding will be needed, have not been revealed.

Oahu's 20-mile rail project could lose $250 million in federal funding if the Federal Transit Administration doesn't grant an extension.

Florida’s privately owned passenger train company, which halted service citing the coronavirus pandemic, is bringing $950 million of nonrated private activity bonds.

Though President-elect Joe Biden has not provided specifics on the financing of his infrastructure agenda, sources say he will take an "all of the above" approach.

The Regional Transportation District will issue $340 million for Denver Transit Partners, the concessionaire of three Denver-area commuter rail lines for RTD.

Sen. Mike Crapo of Idaho, who is expected to become chairman under a Republican Senate, has been receptive to increasing the limit on bank qualified debt.

Without more federal relief, the Illinois Regional Transportation Authority's service boards warn of devastating service cuts, layoffs and fare hikes.