Infrastructure

The Chicago Transit Authority board signed off on a $1.3 billion contract for its rail that counts on a low-cost federal loan and approved the appointment of city debt manager Jeremy Fine as chief financial officer.

States have three years to expend $1.9 billion of unused congressional earmarks for transportation projects.

A Chinese-owned electric car manufacturer that won subsidies from Nevada has offered to put up a $75 million surety bond to guarantee bonds get paid if its proposed North Las Vegas factory does not get built.

New York MTA intends to add more than 2,000 state-of-the-art buses to its transportation fleet over five years at a $1.3 billion cost, said Gov. Andrew Cuomo.

Los Angeles World Airports needs to reform its bidding process to move forward on its multi-billion dollar efforts to modernize Los Angeles International Airport, according to a city controller's audit.

Nebraska lawmakers and governor agree on a proposed $450 million infrastructure bank financed with gas tax revenues.

States will share $1.15 billion of federal funding for freight-related highway projects in fiscal 2016.

With a strike deadline looming, New Jersey Transit and a coalition of 11 railroad labor unions are negotiating to avoid a shutdown of its commuter rail system.

A labor-owned insurance company based in Washington, D.C.-based, has pledged $25 million in low-cost loans to aid the removal of lead in Flint, Mich.’s contaminated water supply, the city’s mayor said Sunday.

Since 2010, over 64,000 new beds on more than 100 different campuses across the country have been financed, built and are being maintained by the private sector.