Infrastructure

In his new role, Kurt Summers will look for opportunities to partner with local governments to advance their infrastructure priorities.

Better communication will be key in future P3s, a top Maryland transportation official said.

The Federal Highway Administration has acknowledged it lacks the authority to tell states how to spend federal infrastructure dollars, AASHTO said.

John Hallacy of John Hallacy Consulting LLC sits down with Chip Barnett to talk about what the municipal bond market will face in 2022. He discusses inflation, new issuance volume, and the future of infrastructure this year amid the lingering effects of COVID and Omicron. (19 minutes)

Enacting the muni market agenda through Build Back Better remains the top choice, but FY22 spending bills also present an opportunity, said the GFOA's lobbyist.

The bulk of the IIJA money will flow first to the states, so cities need to be organized and ready to work with governors, White House Infrastructure Coordinator Mitch Landrieu told the U.S. Conference of Mayors.

Maryland blames a "post-pandemic market" for cost increases lifting the light rail line's price tag to $9.28 billion. The system is to open four years late in 2026.

If Congress opts for a continuing resolution instead of a full-year appropriation, transportation lobbyists said they would ask for an exception so that IIJA funds can begin to flow.

The investment could repair 15,000 bridges across the country and requires states to set aside at least 15% for local bridges.

The latest round of federal aid is not enough to move the needle over the long term.

The new water resources act comes as the Army Corps of Engineers' civil works program is set to see the largest influx of funding in its history.

The project will put an equity lens on investment practices that fund infrastructure.

With an insolvent Highway Trust Fund, alternatives to the federal fuel tax are more important than ever.

Other concerns include ongoing threats from the coronavirus, inflation and legislative inertia on muni issues in Washington, according to a Bond Buyer survey.

If it clears the legal hurdle, the company that owns the $30 billion project may seek a $12 billion Railroad Rehabilitation and Improvement Financing loan.

It would mark only the third transit P3 in the country and would be under pressure to deliver without the problems that dogged the other two.

The competitive tax-exempt Louisville and Jefferson County Metropolitan Sewer District deal is climate bond certified by Kestrel Verifiers.

The proposed guidance, which restricts new highway capacity projects, may be applied to legacy programs like TIFIA as well.

Despite its snowy reputation, the region sees itself as a climate refuge due to cooler temperatures, reliable infrastructure and Lake Erie freshwater.