Infrastructure

Governments should invest $163 billion a year in infrastructure to keep pace with growing transportation needs, new study finds.

Maryland will delay bidding for two months on its $2.45 billion Purple Line P3 project so new governor can review.

Transportation infrastructure construction will grow slightly faster than the rest of the economy in 2015, according to highway construction group.

Municipal issuers' financial challenges are preventing them from issuing more bonds to take advantage of low interest rates, Virginia Treasurer Manju Ganeriwala said here on Thursday.

Local water utility executives say they face funding pressures in upgrading treatment systems with limited financial resources.

Oregon must invest more in its transportation needs or face bigger bills down the road, Oregon DOT says.

Pennsylvania is seeking qualified companies to join a public-private partnership to fund and operate transit bus natural gas-fueling facilities.

Upgrading regional freight infrastructure would provide economic benefits, according to report from Brookings and JPMorgan Chase.

Prince George's County, Md., signed 30-year P3 pact with Corvias for management of storm water runoff into Chesapeake Bay.

Northern Virginia Transportation Authority will sell $69 million of revenue bonds to finance regional transportation infrastructure.

President Obama is pushing for Congress to take up his proposed $302 billion, four-year Grow America Act before the extension of the Highway Trust Fund expires in May, a top Transportation Department official said Tuesday at The Bond Buyer's Transportation Finance/P3 Conference.

High speed rail in the U.S. is stymied by a lack of political will and no dedicated funding.

The failure of Congress to agree on sustainable, long-term federal transportation funding is leading to more local solutions.

Virginia Transportation Secretary Aubrey Layne says new P3 rules remove the mystery from the selection process.

The Metropolitan Washington Airports Authority approves a $1 billion capital construction program at Reagan National Airport.

Virginia's Commonwealth Transportation Board tightens the rules on how the state deals with public-private partnerships.

An influential Chicago area planning agency will press state lawmakers to establish a regional infrastructure fund supported by a quarter-cent sales tax increase with its eye on financing transportation, water, and open space projects.

More investment is needed in U.S. transportation infrastructure to ensure all systems are connected to each other, Vice President Joe Biden said Wednesday.

Virginia lawmakers likely will reverse a plan to kill a $50 million transfer to the state's transportation fund that imperiled a proposed $100 million road bond issue.

Arkansas' $206.5 million federal highway grant anticipation and tax revenue bonds with final maturities of 2026 drew a true interest cost of 2.0858% in a competitive sale won by Citigroup.