Infrastructure

The Indiana Finance Authority selected a P3 team led by Walsh Investors for its half of the $2.6 billion Ohio River Bridges project that is a joint effort between the Hoosier State and Kentucky.

Two Virginia groups representing local governments have joined the opposition to Gov. Bob McDonnell's and the state Department of Transportation's plan to toll Interstate 95.

A congressional panel grilled members of the Metropolitan Washington Airports Authority board Friday morning in a hearing called to examine a scathing report on the bond-issuing agency's ethical practices and policies.

Florida's Santa Rosa Bay Bridge Authority, which is in default of more than $116 million of toll bonds, may lose insurance and board members. It is also unclear if bondholders will be paid Jan. 1.

Moody's Investors Service has downgraded 27 grant anticipation revenue vehicle bonds, totaling about $10 billion in par value.

The Louisiana State Bond Commission gave final approval Nov. 15 to a negotiated sale of $350 million of highway improvement bonds to be sold in early January.

A federal loan program for water infrastructure projects is close to reality after getting a push from Sen. Barbara Boxer, D-Calif., at a Senate Environment and Public Works Committee hearing Thursday.

The board of the Metropolitan Washington Airports Authority voted Wednesday to increase rates on the Dulles Toll Road, calling it necessary to finance part of the mostly bond-funded and highly controversial Silver Line rail extension to Dulles International Airport.

North Carolina Gov.-elect Pat McCrory is calling for a 25-year transportation and infrastructure plan after leading a GOP sweep of the governorship and the Legislature.

Ascension Parish, La. voters handily defeated a proposal to increase the local sales tax to support a bond-funded plan to upgrade roads.