Infrastructure

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.

Maryland Transportation Authority will generate less than $10 million a year in toll revenue from express lanes on a $1.1 billion highway improvement project.

U.S. Sen. Jay Rockefeller wants to know why the Port Authority of New York and New Jersey closed lanes on the George Washington Bridge in September.

The federal Maritime Administration is teaming up with financial experts to help ports develop infrastructure projects that attract private and public capital investments.

Uncertainty related to Detroit's bankruptcy filing resonates among P3 players, according to Allen & Overy's Kent Rowey, who advises on many such deals.

Moody's will extend its stable outlook to the airport sector in 2014 as more passengers will provide more support for new money debt.

Virginia Gov.-elect Terry McAuliffe is reluctant to go ahead with a $1.4 billion toll road until the project receives final environmental approval from the Corps of Engineers.

The Indiana Finance Authority won The Bond Buyer's 12th annual Deal of the Year award for its Ohio River Bridges East End Crossing Project.

Moody's Investors Service raised its outlook on the toll road industry to stable from negative as toll revenues continue a slow but steady recovery.

Coalition of labor and business executives support legislation to raise the federal gasoline tax by 15 cents per gallon to fund transportation infrastructure.

Rep. Earl Blumenauer, D-Ore., will introduce a bill phasing in a 15 cent increase in the federal gasoline tax, currently at 18.4 cents per gallon.

A House committee chairman made clear at a hearing on Monday that it may take Congress years to determine whether to amend a nearly 100-year-old law to allow the District of Columbia to raise the heights of some buildings to accommodate increased growth and obtain more tax revenue.