Infrastructure

The U.S. and European Commission moved Saturday to disconnect Russia from a global financial system.

February volume was $26.481 billion in 594 deals versus $37.052 billion in 981 issues a year earlier, bringing total volume for the first two months of the year to $51.426 billion, or 20% less than 2021.

A judge has ordered the state to reconsider its rejection of a bid for a $9 billion P3 for new toll lanes, a move that could delay Gov. Larry Hogan’s priority project.

The proposal would offset all gas tax losses to the Highway Trust Fund but would still hasten its insolvency.

Much of the new infrastructure funding can't flow to states until a full FY22 bill is enacted.

High material costs and labor shortages are expected to persist through 2022 just as states and localities are planning how to spend the Infrastructure Investment and Jobs Act money.

Tax-exempt advance refundings are unlikely to be included in a FY22 budget, but two bills that would restore the popular tool remain alive.

“It’s important for the economy and the entirety of the American Rescue Plan that we see each county doing what it can for workers," Biden Senior Advisor Gene Sperling told the National Association of Counties.

Texas Sen. John Cornyn urged counties to continue to lobby for a bill that would allow ARPA funds to be used for transportation infrastructure and disaster relief.

The feds said they expect states to partner with private entities to develop and operate the electric vehicle charging networks.

It's the latest salvo in a growing controversy over the Federal Highway Administration's December memo discouraging states from building new highway capacity.

Many Infrastructure Investment and Jobs Act funds can't flow without a FY22 budget

Restricting the use of IIJA funds for new highway capacity "flies in the face" of Congressional intent, said Sen. Mitt Romney.

After a signature drive failed to put a water funding measure on the statewide ballot, a state Assembly member is trying to get his fellow lawmakers to do so.

Tax revenue declines and urban sprawl are among the possible unintended consequences of the rise in automated vehicles.

The $600 million broadband private activity bond program included in the Infrastructure Investment and Jobs Act has often been overlooked in discussions of funding for rural broadband.

Unprecedented federal funding and community engagement on multiple levels are the keys to achieving digital equity and inclusion.

Public-private partnerships can play a big role in U.S. transportation over the next decade, DOT Secretary Pete Buttigieg told governors.

"We're going to fix them all," President Biden said of the 45,000 bridges across the U.S. he said need repairs.

States want "maximum flexibility" when it comes to implementing the $7.5 billion program in the Infrastructure Investment and Jobs Act.