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The Public Finance Authority, a Wisconsin-based conduit issuer, approved the municipal bond sale for the roads operated by Spanish firm Abertis in a P3.
July 12
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The question of how much federal money Congress will provide for the replacement of the Key Bridge goes before the Senate Environmental Committee.
July 10
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Gov. Kathy Hochul's "pause" on congestion pricing puts a $16.5 billion hole in the Metropolitan Transportation Authority's capital plan.
July 1
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Transportation Secretary Pete Buttigieg told lawmakers federal money is being dispensed roughly on schedule, though efforts to streamline certain processes are underway.
June 27
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Even after paring down the capital plan, the MTA will need to issue debt, and sooner than planned. It will be issued under the MTA's transportation revenue credit rather than its congestion pricing credit, so near-term debt service costs will be higher, CEO Janno Lieber said.
June 11
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Her abrupt suspension of the tolling plan for Lower Manhattan leaves a $15 billion hole in the Metropolitan Transportation Authority's capital budget.
June 10
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It is not clear how the Metropolitan Transportation Authority would fund its capital plan if the governor puts the brakes on the toll plan for lower Manhattan.
June 5
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A strong project pipeline has P3 advocates hopeful for the future, despite some lackluster recent numbers.
May 21
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The $684 million turnpike deal is one of a spate of recent forward delivery deals driven by interest rate uncertainties.
May 20
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President Biden promises the Feds will pay to rebuild the Francis Scott Key Bridge.
May 15
