Infrastructure

Managed toll lanes carry greater credit risks than traditional toll roads because they are challenging to implement and subject to extreme traffic volatility, according to a new report from Moody's Investors Service.

A bipartisan team of House transportation leaders have introduced legislation to spend $13.8 billion over five years on water infrastructure through the State Revolving Fund.

A new U.S. Conference of Mayors report shows that local governments have spent big on water and wastewater infrastructure, but worries that rising costs of water service and increased long-term debt might make increased investment unsustainable for some communities.

Wednesday marked the deadline for companies interested in developing a pair of major rail projects under Maryland's new public-private partnership law, and the private sector is jumping at the chance.

The U.S. faces several significant challenges in the water and wastewater sectors including aging infrastructure, a water supply-demand imbalance and an unsustainable funding gap, a new Ernst and Young report found.

A Virginia Circuit Court judge has ruled that the financing mechanism of the Elizabeth River Crossings project in the southeastern part of the state is unconstitutional, calling into question the future of the multi-billion dollar public-private partnership and other Virginia P3s.

The impact of advances in information technology and the proliferation of open networks are mostly positive for financial markets, said speakers at the Milken Institute Global Conference in Beverly Hills.

Sen. Sheldon Whitehouse, D-R.I., has introduced legislation to authorize $500 million of federal grant money for nationally or regionally important surface transportation projects.

President Obama on Monday tapped Charlotte, N.C. Mayor Anthony Foxx to replace Ray LaHood as Secretary of Transportation.

An Oregon delegation led by Treasurer Ted Wheeler met with White House officials last week to discuss a new exchange for regional infrastructure projects.

The federal government will need to make difficult and politically divisive choices to maintain highway funding in coming years, transportation experts told members of the House Budget Committee Wednesday.

A team of El Paso, Texas, officials and advisors spent last week traveling to New York and Washington, D.C., to trumpet their planned nearly half a billion dollar bond-financed overhaul of the city's downtown area, which they see as a major game-changer for their region.

A report from the American Association of State Highway and Transportation Officials details the funding plans of 30 states, including some creative options.

President Obama's fiscal year 2014 budget again proposed a 28% cap on tax expenditures including municipal bond interest for the top 2% of income earners, despite efforts by muni market participants lobbying against the proposal.

Janet Cowell, the state treasurer of triple-A rated North Carolina, said the state may need to issue bonds or raise new revenue to pay for infrastructure needs.

Nashville will sell $227.9 million of revenue bonds for water and sewer projects Wednesday, then returns to the market April 16 to sell $337.8 million of general obligation bonds.

A new study released by the Federal Railroad Administration lays out numerous diverse options for high-speed rail investment in the nation's heavily-populated Northeast corridor.

The Virginia General Assembly on Wednesday approved Gov. Bob McDonnell's amended transportation plan, which slashes gas taxes and is projected to pump billions into Virginia's transportation infrastructure over the next five years.

Rep. Maxine Waters, D-Calif., has introduced legislation that would make $1 billion available for federal transportation grants.