Public-private partnership

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.

Revenue generated by the bureau's 10 managed lane projects is, on average, exceeding original projections by 63%.

"American money is there, we just have to make it feel welcome," said board member Francis Sacr, former executive director of the Gateway Development Commission.

The grants allow governments to scan their transportation assets for potential public-private partnerships.

Mayors and city leaders are using a combination of bond financing and public private partnerships to build and preserve affordable housing while working with a patchwork of regulations and facing opposition.

Streamlining federal permitting and partnering with state DOTs are among the priorities for the next surface transportation bill.

The dueling lawsuits underscores the need for alternative dispute resolution in public-private partnership contracts, said a P3 attorney.

The policy shift may crowd out some projects, warned Baruch Feigenbaum, senior managing director of transportation policy at Reason Foundation.

The addition of Turner-Bond as a partner will deepen Orrick's public finance practice's P3 expertise.

Observers say a bankruptcy by Genera PR could complicate the PREPA bankruptcy.

The SEC charged two entities with violating federal securities laws by advising clients on municipal bonds without properly registering as municipal advisors.

As bond issuers and the infrastructure industry ponder a post-BIL future, some look to Europe for how P3s and privatization could help spur investment and raise grades on the infrastructure report card.

Congress needs to lift limitations on tax-exempt private activity bonds, say transportation advocates.

As the Trump administration puts its stamp on dispensing infrastructure funding, proponents of P3's, PABs, federal and formula funding are squaring off against grants to state and local governments.

At a Bond Buyer conference in Atlanta, industry leaders talked about tariff turmoil, the tax-exemption, weather resiliency, infrastructure and more. 

Tolling on the Belle Chasse Bridge is expected to start Tuesday.