Public-private partnership

The Trump administration is requesting information on revitalizing Dulles International Airport, including the possibility of tapping a public-private partnership.

Cintra submitted a proposal calling for four new tolled managed lanes on I-76 that would be structured as a $5 billion, 50-year design-build-finance-operate-maintain P3.

The transaction, which supports the Navajo community in Ganado, Arizona, represents a major landmark in furthering Native American health care infrastructure, overcoming hurdles tribal governments typically face in issuing municipal debt to open a replicable path to market other indigenous health systems can follow.

The deal combined the benefits of a green designation with a massive, highly visible airport project.

Meridiam, ACS Infrastructure Development, Sacyr Infrastructure USA LLC and Plenary Americas are among the firms that have signaled interest in the project.

The project was the Georgia's first revenue-risk P3 and lays the groundwork for future express lane P3s.

The massive I-285 East express lanes project in metro Atlanta will be procured in two phases.

Ten winners across five regions and five additional categories will be celebrated Dec. 2 in New York City, where one will be crowned the overall Deal of the Year.

The Fargo-Moorhead Metropolitan Area Flood Risk Management Project had a deadline Friday for bondholder consent to a settlement resolving construction disputes.

Contractors that have been absorbing cost increases in fixed-price projects may insist on the more flexible pricing built into progressive design-build delivery models.

"The project is not dead," said the transportation planning board chair.

The Texas Transportation Finance Corp deal will refund interim notes used to finance the ending of a public-private partnership that built toll lanes.

At The Bond Buyer's infrastructure conference, panelists speculate about the reliability of federal funds under the current administration.

Bond lawyers, municipalities, and transportation officials are moving towards greater use of public private partnerships for infrastructure projects bogged down by capital constraints and high risk.

For the 24th year, The Bond Buyer editorial board will identify and recognize the year's most outstanding municipal finance transactions. The final deadline for nominations is Friday, October 17.

Infrastructure like vertiports may be financed with municipal bonds.

With an insolvent Highway Trust Fund, toll revenue and PABs are increasingly important for transportation financing, lobbyists said.

The hire comes as more BAM clients are considering public-private partnership financing structures.

Transportation Secretary Sean Duffy has announced plans to take over the operations at Washington Union Station while curtailing a $10 billion expansion project.

Transit expert and former MTA head "Train Daddy" Andy Byford is in charge of the $7 billion renovation.