Infrastructure

Spanish infrastructure investment giant Cintra will be the private partner on a more than $1 billion public-private partnership to develop the Route 460 Corridor project in southeastern Virginia, sources said.

The Texas Department of Transportation will leverage a $5.6 million federal grant to conduct a study of high-speed passenger rail along the Interstate 35 corridor between Laredo, Tex., and Oklahoma City.

Indiana plans to tap a final team to partner on its half of the $2.6 billion Ohio River bridges project by mid-November and close the deal by the end of the year, officials said.

Chicago will seek independent audits to assess the operational and financial management of its asset leases beginning with its controversial $1.15 billion 2009 parking meter concession contract.

Kentucky and Indiana agencies Tuesday are poised to approve the long-awaited master agreement for the financing and construction of the massive $2.6 billion Ohio River Bridges Project.

Indiana University expects to hire financial advisors to oversee the privatization of its parking system, a transaction modeled after Ohio State University's precedent-setting deal.

New York's Metropolitan Transportation Authority Chairman Joseph Lhota announced four options for fare and toll increases that he says are needed to help fill a budget gap.

The nation's drinking and wastewater systems are extremely underfunded and in need of billions of dollars of additional bond financing, according to a new study from the Center for American Progress.

With successful public-private partnerships under its belt, and more underway, Puerto Rico is leading the way in a market that has been slow to catch on in the United States.

The Los Angeles City Council voted to approve negotiations with Ontario, Calif. officials that could result in L.A./Ontario airport being returned to local control.