Infrastructure

Direct pay bonds similar to Build America Bonds may wind up forming the backbone of Donald Trump’s proposed 10-year $1 trillion infrastructure investment plan.

The Oklahoma Turnpike Authority plans to price $480 million of toll revenue bonds in January after the state Supreme Court shielded the debt from future litigation.

The California High-Speed Rail Authority board approved two funding plans that will clear the way for it to sell $4.7 billion in bonds.

Private investors sign contract to finance, build, and operate tolled express lanes on a Virginia highway.

Gov. Andrew Cuomo’s hurry-up offense for completing New York’s Second Avenue subway triggers questions about the MTA’s priorities.

Martin and Indian River counties have asked a federal judge to examine the new bond financing strategy employed by All Aboard Florida to determine the "full extent" of the proposal and its impact on their federal lawsuits.

The Illinois Regional Transportation Authority Thursday will consider a $3 billion operating budget and $5.1 billion five-year capital plan that boosts spending next year but still falls far short of its needs as a new state capital program languishes amid the ongoing budget impasse.

A New Jersey proposal to allow its Transportation Trust Fund to sell bonds directly to its underfunded pension system would worsen credit conditions, according to Municipal Market Analytics.

The MBTA's oversight board approved up to $277 million for 120 additional subway cars for its beleaguered Red Line in Greater Boston.

New York MTA intends to sell $1.3 billion of bonds in January including a $100 million remarketing, said finance manager Patrick McCoy.