Infrastructure

New York's Metropolitan Transportation Authority awarded the first contract to a company participating in its new federal small business mentoring program.

Moody's Investors Service is considering a downgrade on $1.1 billion of P3 turnpike debt in Texas to non-investment grade.

Charles "Chip" Barclay announced Wednesday that he will retire as chief executive officer of the American Association of Airport Executives on Dec. 1.

The Virginia Port Authority Tuesday declined proposals to operate as a public-private partnership after it received an unsolicited P3 proposal.

Gov. Deval Patrick's administration, acting on a provision of the 2009 Massachusetts transportation overhaul law, has named a panel to explore P3 deals.

Moody's said that $2.7 billion of bonds issued by the Municipal Electric Authority of Georgia could be downgraded if costs and delays on the Vogtle nuclear plant escalate beyond those known so far.

A bankruptcy court hearing is slated next week on settlement agreement between American Airlines Inc. and holders of its $1.4 billion of New York City airport debt.

Ohio Gov. John Kasich is expected to sign into law a new two-year, $7.6 billion transportation budget that features as its centerpiece Kasich's proposal to issue debt backed by future turnpike tolls.

Pennsylvania Turnpike Commission Secretary-Treasurer J. William Lincoln resigned from the panel in the aftermath of a grand jury report over pay to play.

Dallas-Fort Worth International Airport is expected to become one of the nation's most indebted airports with $737 million of revenue bonds for its terminal remodeling project, helping prompt a Moody's downgrade.