Infrastructure

In an all new money deal, North Carolina plans to issue debt for its Build NC statewide transportation financing program.

Squire Patton Boggs partners Rodney Slater and Alethia Nancoo view the landscape from the ground and the skies with Northeast Regional Editor Paul Burton. Slater is a former U.S. transportation secretary. Nancoo’s practice focuses on public, private and project debt finance. (31 minutes)

A long-planned Maryland light rail system, which has encountered financial and legal obstacles, could make it tougher for large-scale P3 transit projects, according to analysts.

Nuveen’s John Miller, the biggest backer of Fortress Investment Group Inc.’s Brightline passenger railroad in Florida, had been skeptical of plans to forge ahead swiftly with a multi-billion dollar venture to build a second line running between Southern California and Las Vegas.

The plan was long held up by GOP opposition to the governor's use of emergency powers to combat the spread of COVID-19 without legislative approval.

As of Sept. 15, at least 49 states, transportation authorities and local governments have publicly projected declining revenues.

Declining occupancy levels at privatized student housing projects are likely to continue into early 2021 as the sector confronts headwind from the COVID-19 pandemic, according to analysts.

Coping with tighter budgets during the coronavirus, they are looking to cut through a capital construction process fraught with delays and cost overruns.

Proposed upgrades to the 110-year-old tunnel linking Manhattan and northern New Jersey have hit roadblocks under President Trump.

Recent toll hikes will offset a coronavirus-inspired drop in traffic and a refunding portion gives the authority "financial flexibility," according to analysts.

St. Louis heads into the market next week for a piece of its expansion financing while Indianapolis' project could receive final approval this week

Legislation signed into law Thursday keeps the government open and federal transportation funding flowing.

A project to bring train service to LaGuardia Airport is closer to breaking ground despite the fiscal headwinds created by the COVID-19 pandemic.

The public-private partnership that had been constructing the light rail line and stations has shut down construction work.

Former Rep. Joe Crowley, D- NY., said fellow Democrats need to get on board with using public-private partnerships as a way to pay for infrastructure.

The $73 million in present value savings over the next three years will help offset the costs of the coronavirus pandemic.

During the kickoff for the United for Infrastructure week, Sen. John Barrasso, R-Wyo., said he supported a one -year extension of current federal surface transportation funding.

The public-private partnership Alabama is using to build three new prisons is estimated to cost nearly $2.64 billion over 30 years, up from $900 million.

A drop in fuel consumption prompted New Jersey to raise its gas tax, above the levels of New York, whose residents took advantage of lower prices and filled up before exiting the state when driving through.

Both the American Association of State Highway and Transportation Officials and the American Road and Transportation Builders Association among other groups plan to ask Congress to extend existing highway funding for a year.