Infrastructure

North Carolina is the latest state to eye using a P3 to build tolled express lanes amid insufficient state funding.

Current FHWA deputy administrator Kristin White will serve as acting administrator until a successor is named.

Moodys says it is placing additional weight on the states' Aaa ratings in determining the Garvee ratings.

The New York region's beleaguered transportation agency could need up to $92 billion for its next capital plan, said State Comptroller Thomas DiNapoli. 

Full Moon Capital will focus on mid- and smaller-sized specialty credits that are looking to grow.

It's the latest proposal for a type of national infrastructure financing structure in lieu of the municipal bond market.

Iowa has the largest number of poor bridges, followed by Pennsylvania and Illinois.

Subsidence has delayed completion of the new Belle Chasse Bridge, a project led by one of the developers of the $2.3 billion Calcasieu Bridge project.

The Dallas-Fort Worth region toll highway owner and operator aims to rake in savings from the deal as it expects to cash fund a $2 billion capital plan.

The bank was one of 225 credits Moody's placed on review for possible upgrade July 25 when it released a revised rating methodology.