Infrastructure

The lack of progress in funding Kentucky’s pensions led Standard & Poor's Friday to cut the Kentucky Turnpike Authority’s bonds to AA-minus from AA ahead of a $216 million sale.

Water contamination-related lawsuits filed in Chicago and Flint, Mich. stand to influence the sector nationally as the cases draw more scrutiny to the dangers associated with older lead pipe-based systems, Fitch Rating says in a new report.

Washington’s historic Arlington Memorial Bridge over the Potomac will be closed in 2021 without $250 million of repairs.

The State Highway 130 Concession Company led by toll road developer Cintra will try to reorganize under Chapter 11 bankruptcy after revenues from the $1.35 billion project fell far short of projections.

An investment banker hired as an expert witness in lawsuits challenging All Aboard Florida’s passenger train service said tax-exempt financing is critical to funding the $3.5 billion project, although the private company says that’s not true.

A Senate bill would remove the state capacity limits for tax-exempt private activity bonds to fund P3 water utility infrastructure projects.

New York MTA expects to formally submit its proposed $29 billion five-year capital program to a state review board “in the next month or two,” an official said.

Group says National Parks Service could whittle down much of its $12 billion maintenance backlog with public-private partnerships.

Maryland has selected its preferred private partner for the multi-billion dollar Purple Line light rail project, Gov. Larry Hogan said Wednesday.

A bipartisan bill that would provide $220 million of federal funds to Flint, Mich., as well as any other community facing a drinking water emergency, appears to be is stalled in the Senate.