Infrastructure

Proposed federal legislation would revive state infrastructure banks as a funding option for local transportation projects.

The current U.S. transportation secretary and his predecessor on Thursday each separately warned about the dangers of letting the Highway Trust Fund become insolvent on or before the end of fiscal 2014.

Bipartisan group of eight U.S. senators have joined 50 House members to support a proposed national infrastructure bank funded with $50 billion of 1% bonds.

DOT expects the main federal highway infrastructure fund to run dry in August and post a $100 million deficit before the end of the fiscal year.

Leaders of the House Transportation and Infrastructure Committee have established a special bipartisan panel to promote the use of public-private partnerships across all modes of transportation, economic development, public buildings and water infrastructure

Senate Banking Committee chairman warns that Congress must act to protect the main source of federal transportation funding before it dries up.

The nation's governors support maintaining the tax exemption for municipal bonds, though tax reform appears to be unlikely this year, leaders of the National Governors Association said Wednesday.

A state court ruling stopping California from selling $8 billion of bonds for high-speed rail could result in a cutoff of billion in federal matching funds as well.

House and Senate appropriators unveiled a $1.012 trillion bipartisan omnibus spending bill for fiscal year 2014 late Monday that would provide funds for transportation and many other programs but not high speed rail.

The chairman of the House Transportation and Infrastructure Committee on Tuesday said he expects to have a new funding law for highways, ports, bridges and transit in place before the current one expires on Sept. 30, the end of fiscal 2014.

More state transportation P3 projects are on the horizon for 2014 due to declines in state and federal funding streams, Fitch said in a report

Eleven U.S. cities are among the first in the 33 of 100 in the world picked by the Rockefeller Foundation to receive financial assistance in developing more-resilient infrastructure to resist catastrophic events.

Maryland has selected four international construction consortiums to submit proposals to build, maintain and operate the proposed $2.2 billion Purple Line light-rail system that would connect Montgomery and Prince Georges Counties.

Lawmakers next Tuesday will begin considering reauthorizing the federal surface transportation funding program at a hearing held by the House Transportation and Infrastructure Committee.

President Obama's top economic advisor urges Congress to enter into a "grand bargain on jobs" in exchange for national infrastructure bank.

U.S. port infrastructure projects may get some breathing room as another delay looms for Panama Canal expansion.

More public transit options do not reduce highway congestion and fewer options do not make it worse, according to an analysis by Reason Foundation.

Reduced federal funding prompts Kentucky and Ohio to consider using a P3 to build the $3.57 billion Brent Spence Bridge Project between Kentucky and Cincinnati.

The Federal Transit Authority has made available $3 billion of competitive grants aimed at upgrading the storm resilience of public transit infrastructure.

Transportation infrastructure funding is at a crossroad in 2014, as lawmakers confront the necessity of finding ways to bolster the rapidly depleting Highway Trust Fund while supporting efforts to ensure the nation's airports and ports maintain a global economic edge.