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Maine is planning a $119.4 million bond sale this week to improve roads, broadband, senior housing and public colleges.June 1
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The transportation agency plans a refinancing to combat lost revenue from steep traffic declines during the COVID-19 pandemic.May 28
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Without federal funding, many toll facilities will be forced to comply with bond covenant requirements, which could mean reductions in workforces and delays in capital projects, toll groups said.May 22
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Investors, while confident long-term about the transit authority, worry about immediate risks, Chairman Patrick Foye said in a letter.May 22
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The agency has lost substantial revenue from plummeting ridership and faces rising COVID-19-related expenses.May 20
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The mass transit system still holds a strong presence despite three bond rating downgrades amid the coronavirus, Chief Financial Officer Robert Foran said.May 20
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John Boyd Jr. of corporate site selection firm Boyd Co. discusses economic development scenarios, including the need for a "dramatic, New Deal-type" infrastructure bill. Paul Burton hosts.May 19
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The state-run authority’s oversight board unanimously approved a $935 million contract for a public-private partnership with Cubic Transportation Systems.May 15
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The offering of special tax obligation bonds comes as the state begins a four-phase reopening in its next response to the coronavirus.May 15
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Congress should direct more COVID-19 relief dollars to higher ridership systems, think tank Regional Plan Association said.May 14
