Infrastructure

Janet Cowell, the state treasurer of triple-A rated North Carolina, said the state may need to issue bonds or raise new revenue to pay for infrastructure needs.

The Federal Aviation Administration has delayed closing 149 air traffic control towers until June 15, including 14 in Florida — the largest number of facilities affected in one state.

The Florida Department of Transportation has extended the time for firms interested in the $2.1 billion managed-lanes project on Interstate 4 through Orlando to submit their qualifications.

The Illinois State Toll Highway Authority will sell $500 million of toll-backed revenue bonds next week in the agency's first market outing as it embarks on a $12.1 billion, 15-year capital program.

The Missouri Highways and Transportation Commission has named its chief engineer Dave Nichols to serve as director of the Missouri Department of Transportation.

Nashville will sell $227.9 million of revenue bonds for water and sewer projects Wednesday, then returns to the market April 16 to sell $337.8 million of general obligation bonds.

The Massachusetts House debated an alternative transportation and education financing bill one-fourth the size of what Gov. Deval Patrick has proposed.

The Ohio Turnpike Commission Monday tapped Citi as the senior manager on $1.5 billion of bonds backed by a new pledge of Ohio Turnpike revenues.

Dallas-Fort Worth International Airport took another downgrade Friday as Fitch Ratings lowered the revenue bond rating to A from A-plus.

Gov. Tom Corbett has ordered a rebid of an IT contract and reviews of all vendors named in the Pennsylvania Turnpike Commission pay-to-play scandal.