Public-private partnership

The low-interest federal loans will complete financing packages for Virginia's express lane extension outside Washington D.C. and Maryland’s Purple Line light rail project.

Recent federal laws have provided municipalities with record levels of funding, but may only have a marginal increase in the number of issuances.

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.

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.

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

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

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.

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.

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.