Infrastructure

State departments of transportation are expected to boost their own funding during the third year of federal infrastructure support from the IIJA.

The bill would require government agencies to undertake an independent audit and a public comment period before entering into P3s among other provisions.

The stars are starting to align for the long-awaited bridge replacement which received a $600 million federal grant toward the project expected to cost up to $7.5 billion.

State bonds are a key part of the two-state plan to replace the aging Blatnik Bridge, but officials are also seeking more than $1 billion in federal grants.

Ohio last week opened the first, and so far only, electric vehicle charging station funded under the Bipartisan Infrastructure Law.

The state's Democratic leaders approved $19 million in emergency funding for road maintenance and snowplows after ODOT said it would cut back snowplow services to four days a week amid inflationary pressures and gas tax revenue declines.

Republicans have repeatedly criticized the California high-speed rail project as a waste of taxpayer money.

Fitch Ratings has raised the Turnpike Authority's ratings to BBB-plus from BBB and assigned BBB-plus ratings to the Series 2024 A&B senior lien turnpike revenue bonds and Series 2024 subordinated TIFIA loan.

The budget proposal keeps $16.3 billion in reserves and pays down an additional $455 million in debt. While providing $1.1 billion in tax relief to residents, the plan is $4.6 billion lower than the current fiscal year's budget.

The delays have led to a technical default by the design-build contractor on the $450 million project to design, finance, build, operate and maintain the Thruway's 27 service areas.

A significant chunk of the costs will be passed to ratepayers, experts said.

The Equity in Infrastructure Project, created to generate opportunities for historically underserved businesses, hit 56 pledges at a California event.

The White House is set to announce whether the controversial high-speed project will win a major rail grant by the end of the year.

States are required to reduce vehicle-related greenhouse gas emissions under the rule that was finalized last week.

The projects range from airports to ports and transit-oriented development.

Stabilizing the Highway Trust Fund and easing Buy America requirements are top congressional priorities for state transportation officials.

The time between the announcement of an award and the actual cash going out the door can be frustratingly long.

The Bond Buyer's Deal of the Year awards will mark the 22nd year it has recognized outstanding achievement in municipal finance. The event, to be held Dec. 5 in New York City, will also include the presentation of the Freda Johnson Awards for Trailblazing Women in Public Finance.

A fire underneath an elevated section of Interstate 10 closed a key piece of infrastructure in Los Angeles, California.

Republican criticism over the bill's 64% cut to Amtrak prompted GOP leadership to tap the brakes on the bill late Tuesday.