Infrastructure

State-backed bonds will replace PABs that were headed for default as Indiana takes over a road project that's become a poster child for P3 woes.

Moody’s projects more utility privatizations as local issuers look to cope with financial distress and sidestep maintenance and compliance costs.

About $1 million will go to service the city's street bond debt, leaving the Duluth with $2.8 million for actual work.

The city council unanimously approved a for the city to host the games in 2028.

Deteriorating infrastructure will drag down U.S. economy, contractors warn.

West Virginia Parkways Authority General Manager Greg Barr said the agency is getting the ball rolling on the process to sell bonds to finance roads projects.

Federal Judge Juan Sánchez acknowledged the complexity of the case.

Health and Educational Building Corp. chief Robert Donovan cited a wave of refinancings.

A local philanthropist's offer to pay much of the cost to build a larger downtown Menlo Park Library has the city scrambling to meet a potential funding deadline.

The Hudson River rail tunnel project is the first phase of the $24 billion Gateway Program.