Virginia

The toll road operator parters with three international investors to sell half of its U.S. express lane assets in Northern Virginia while eyeing additional highway projects around nation's capital, including a Maryland P3.

Skanska and its Elizabeth River Crossings partner, Macquarie Infrastructure Partners, will sell the concession to an Abertis Infraestructuras S.A.-led venture.

The Hampton Roads Bridge-Tunnel expansion is a "tailor-made" stimulus that will help offset the pandemic-spurred downturn, infrastructure experts say.

Bond restructurings are expected to save Virginia's public colleges and universities $300 million by deferring debt service payments for two years.

Billions of public funds have been spent cleaning up the bay, but two lawsuits say those efforts are endangered because the EPA failed to do its job.

Municipal bond issuers in the Southeast sold $27.7 billion of debt, down 7% year-over-year as the region saw fewer big transportation and prepay gas deals.

Refundings and taxable deals were also up substantially, driving the region to $75 billion of municipal bond volume, up 32.6% from 2018.

Gov. Ralph Northam and the Virginia Legislature's new Democratic majority want higher gas taxes and new bond financing plans to support road and rail projects.

Jail bonds are being targeted for audits by the IRS this year with respect to whether federal government use of locally built facilities or management contracts with localities causes excessive private business use.

Forecasters predict the Washington D.C. area population will grow by more than a million people by 2045.

The $1 billion bi-state agreement includes building a wider bridge over the Potomac and adding tolled express lanes.

Two Virgin Trains USA deals from Florida helped push the region's volume up 9.8% over last year, making it one of only two regions to sell more bonds.

Fitch Ratings on Monday assigned a BBB rating to $264 million of private activity bonds to fund an extension to Virginia’s 95 Express Lanes.

Strong government support fueled a two-notch upgrade for the Washington D.C.’s mass transit system despite drops in ridership.

The rise of online classes and degrees brings with it questions about the future of brick-and-mortar colleges and universities.

GFOA had a previous president from the higher education sector, but Stone is the first from the K through 12 sphere.

For the fiscal year, the state's total revenue collections are ahead 6.2% over the same period last year.

The funding and design-build contracts signed Thursday will advance the state’s largest-ever transportation project.

Virginia and Florida and other states are responding to complaints about using tolls to pay for costly road improvements.

The surge in gas deals couldn’t overcome the region’s sharp decline in refundings, which led to an overall 22.6% volume decline.