Infrastructure

Andy Dillon and Michael Imber from restructuring firm Conway MacKenzie explore creative options for states and cities coming out of the coronavirus pandemic. Paul Burton hosts.

Shifting to smaller annual increases — after a 36% turnpike hike in September, the first in eight years — is credit positive, according to one rating analyst.

New Jersey Transit’s capital funding needs could get a boost from GOs if state lawmakers green light a proposal authorizing in new debt for the state.

Southern Co.’s long-troubled project to expand its Vogtle nuclear plant in Georgia is “highly unlikely” to meet state deadlines and is apt to face additional budget overruns, according to a local monitor.

S&P Global Ratings lowered the Port Authority’s special project bonds issued of behalf of JFK International Air Terminal LLC to BBB from BBB-plus.

The bi-state agency can apply to use the Federal Reserve’s Municipal Liquidity Facility, if it chooses.

Maine is planning a $119.4 million bond sale this week to improve roads, broadband, senior housing and public colleges.

The transportation agency plans a refinancing to combat lost revenue from steep traffic declines during the COVID-19 pandemic.

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.

Investors, while confident long-term about the transit authority, worry about immediate risks, Chairman Patrick Foye said in a letter.

The agency has lost substantial revenue from plummeting ridership and faces rising COVID-19-related expenses.

The mass transit system still holds a strong presence despite three bond rating downgrades amid the coronavirus, Chief Financial Officer Robert Foran said.

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.

The state-run authority’s oversight board unanimously approved a $935 million contract for a public-private partnership with Cubic Transportation Systems.

The offering of special tax obligation bonds comes as the state begins a four-phase reopening in its next response to the coronavirus.

Congress should direct more COVID-19 relief dollars to higher ridership systems, think tank Regional Plan Association said.

While their regions, sizes and funding streams vary, several mass transit systems underscored the dire need for additional federal funding.

One of the bills authorizes $17 billion in new federal authorization to invest in water infrastructure as municipalities grapple with coronavirus’ impact on their water systems.

The Texas Transportation Commission also signaled plans to move full-speed-ahead with a $3.5 billion highway project in Austin.

Better technology can help enhance efficiency, analysts and civic leaders say.