Infrastructure

The Kansas Department of Transportation reduced its commercial liquidity exposure with Tuesday's negotiated sale of $151.4 million of highway revenue refunding bonds.

The Detroit-Wayne County Airport Authority comes to market this week with new-money and refunding airport revenue bonds.

The New Jersey Turnpike Authority is expected to sell $810 million of refunding bonds in the week's largest municipal bond sale.

Four transportation projects will be expedited as part of the president's "We Can't Wait" program, the Obama Administration announced this week, including the $3.5 billion Columbia River Crossing linking Vancouver, Wash. and Portland, Ore.

Officials from Illinois’ Regional Transportation Authority praised Gov. Pat Quinn’s signing of legislation that requires public disclosure of sales tax agreements between local governments and companies that the RTA and some other governments complain result in lost revenues.

Rhode Island will receive more than $3.3 million in federal funds to help replace the Pawtucket River Bridge on Interstate 95 in Pawtucket.

In a letter to the New York State Thruway Authority, Gov. Andrew Cuomo requested a task force to explore ways to reduce toll increases

Groton, Conn. voters will vote in November whether to issue up to $11.2 million in bonds to cover the cost of a five-year plan to fix town roads.

The Metropolitan Washington Airports Authority has opened a public comment period giving Northern Virginia residents the chance to weigh in on the authority's hotly-debated Dulles Toll Road rate increase schedule.

Creditworthiness requirements and a new debt-subordination feature are likely to shield both taxpayers and private activity bond investors under the expanded Transportation Infrastructure Finance and Innovation Act program, according to a new white paper out from infrastructure firm HNTB.