Public-private partnership

"It's a quiet revolution," said Reason Foundation's Robert Poole.

The settlement will allow Austin-Bergstrom International Airport to demolish the privately operated South Terminal as part of a midfield concourse project.

Bolstered by key political support, states across the southeast are building toll roads through public-private partnerships to manage congestion.

The acrimonious relationship between the university and its private partner has spilled into the courts and underscores that P3 deals don't remove all risks.

One of the largest P3s in the university energy space has landed in court three years into a 50-year contract.

The $3.3 billion Transportation Modernization act allows for P3s for roadway development, a first for the state.

It's the firm's third office in Alabama and part of an investment capitalizing on growth of some high-tech industries in the state, the firm's chair Christopher Maddux said.

Massive transit projects have funding momentum, and traditional road and bridge projects are advancing as well despite political opposition and some shaky funding.

The legislation, which passed the House last week, comes as the state nears a key 2026 decarbonization deadline.

The Uinta Basin railway is asking the DOT to authorize up to $2 billion of PABs for the project, which would move oil to market from northeast Utah.

The Australian toll road operator couldn't agree on terms with the state for the first phase of the project, which has been dogged by controversy and delays from the start.

After a brisk 2021 that saw a record number of P3 deals reach financial close, last year slowed to only 16 closings, according to Husch Blackwell's sixth annual P3 trends report.

The legislation would allow the New Mexico Finance Authority to issue revenue bonds for transportation and broadband projects.

Terminal 6 is the fourth big terminal project at New York City's international airport that will create a "modernized global gateway," said Gov. Kathy Hochul.

The award to the South Terminal's private operator comes as Austin plans to demolish the facility as part of an expansion project to accommodate increased airport traffic.

The lawsuit comes as higher education energy concessions have become one of the most active spaces in the P3 market.

Attorney general William Tong gave the legal stamp of approval to a high profile public-private partnership that came under fire for cost overruns.

The contract is for 10 years.

Critics say there are problems with part of the team because of a conflict of interest and a lack of experience.