The U.S. Department of Transportation (USDOT) announced its final rule amending the Railroad Rehabilitation and Improvement Financing (RRIF) and Transportation Infrastructure Finance and Innovation Act (TIFIA) programs to...more
6/3/2024
/ Department of Transportation (DOT) ,
Final Rules ,
Infrastructure ,
Infrastructure Financing ,
Infrastructure Investment and Jobs Act (IIJA) ,
Interest Rates ,
Loans ,
Public Private Partnerships (P3s) ,
Public Projects ,
Railroad Rehabilitation and Improvement Financing (RRIF) ,
TIFIA ,
Transportation Industry
The Indiana Department of Transportation (INDOT) rolled out its new statutorily authorized pilot progressive design-build (PDB) and construction manager/general contractor (CMGC) transportation infrastructure project delivery...more
11/16/2023
/ Construction Project ,
Contract Terms ,
Design-Bid-Build ,
Design-Build ,
General Contractors ,
Infrastructure ,
Investment ,
Project Delivery Methods ,
Public Private Partnerships (P3s) ,
Public Projects ,
Request for Proposals ,
State Departments of Transportation ,
Transportation Corridor
For those interested in availability payment (AP) or service payment structures for public-private partnerships (P3s), June 15, 2020, was an important day despite lack of fanfare....more
Surface transportation has been a topic of federal policy consideration in recent weeks. The U.S. House of Representatives floated a partisan, large transportation bill, while the U.S. Senate continues to advocate for a...more
The primary objective of the guidelines is to improve financial reporting by addressing issues related to P3s and APAs. The guidelines provide uniform guidance on accounting and financial reporting for transactions that meet...more
6/27/2019
/ Comment Period ,
Draft Guidance ,
GASB ,
Infrastructure ,
Project Finance ,
Public Private Partnerships (P3s) ,
Public Projects ,
Real Estate Development ,
Rulemaking Process ,
State and Local Government ,
Urban Planning & Development
New Jersey has enacted legislation that greatly expands the pool of public agencies authorized to enter into public-private partnerships (P3s) for capital projects in the state, in order to address growing infrastructure...more
8/21/2018
/ Construction Industry ,
Construction Project ,
Infrastructure ,
New Legislation ,
Project Finance ,
Public Agencies ,
Public Private Partnerships (P3s) ,
Public Projects ,
Real Estate Development ,
State and Local Government ,
Tax Exemptions ,
Transportation Industry ,
Urban Planning & Development
The American Infrastructure Initiative (infrastructure plan) released by the White House last week aims to stimulate more than $1.5 trillion in new investment over the next decade, shorten the process for approving projects,...more
The White House released a 53-page framework on Tuesday setting forth its legislative goals for rebuilding America's infrastructure (the Infrastructure Plan)....more
2/19/2018
/ Affordable Housing ,
Alternative Minimum Tax ,
Bonds ,
Construction Industry ,
Infrastructure ,
New Legislation ,
Project Finance ,
Public Private Partnerships (P3s) ,
Public Projects ,
Real Estate Development ,
State and Local Government ,
Tax Cuts and Jobs Act ,
Trump Administration ,
Urban Planning & Development
The U.S. Department of Transportation (USDOT) has revised and renamed a federal grant program that provides federal financial assistance to highway and freight projects of national or regional significance to support projects...more
The State of Louisiana has passed a public-private partnership (P3) law to help alleviate a $12.7 billion backlog in highway and bridge maintenance and construction needs across the state. The law authorizes the Louisiana...more
8/5/2016
/ Bridges ,
Construction Industry ,
Construction Project ,
Department of Transportation (DOT) ,
Highways ,
Infrastructure ,
New Legislation ,
Project Finance ,
Public Private Partnerships (P3s) ,
Public Projects ,
Surface Transportation
New Hampshire has joined a growing number of jurisdictions in the United States that have enacted legislation enabling public-private partnerships (P3) for transportation infrastructure projects. According to Governor Maggie...more
7/18/2016
/ Construction Industry ,
Construction Project ,
Department of Transportation (DOT) ,
Design-Build-Finance-Operate-Maintain (DBFOM) ,
Infrastructure ,
New Legislation ,
Project Finance ,
Public Private Partnerships (P3s) ,
Public Projects ,
Public Transportation ,
Regulatory Oversight ,
Surface Transportation ,
Transportation Contracts
Legislation recently introduced in the U.S. House of Representatives calls for the senior procurement executive of the U.S. Department of Transportation (DOT) to enhance the services of the Office of Contract and Procurement...more
Georgia Governor Nathan Deal signed into law new public-private partnership (P3) legislation, the Partnership for Public Facilities and Infrastructure Act (SB 59) (the Act) on May 5, 2015. The Act allows state and local...more
On May 4, 2015, U.S. Senate Finance Committee Ranking minority member Ron Wyden, an Oregon Democrat, and Senator John Hoeven, a Republican from North Dakota, introduced legislation entitled the "Move America Act of 2015,"...more
A new law intended to encourage more widespread use of public-private partnerships (P3s) in the District of Columbia is set to become a reality in the coming weeks. The Public-Private Partnership Act of 2014 (P3 Act) was...more
As part of his ongoing effort to urge Congress to address the nation’s critical infrastructure needs, President Obama recently announced the signing of an executive order creating the Build America Investment Initiative (the...more
President Obama recently signed into law the Water Resources and Reform Development Act of 2014 (WRRDA). The statute begins to address ways to fund the billions of dollars necessary to update the country’s drinking water...more
6/16/2014
/ Barack Obama ,
Drinking Water ,
Federal Funding ,
Financing ,
Funding ,
Infrastructure ,
Inland Waterways ,
Public Financing ,
Public Private Partnerships (P3s) ,
Tax Exemptions ,
US Army Corps of Engineers ,
Water ,
Water Infrastructure Finance and Innovation Act ,
WRRDA
In 2012, Pennsylvania joined the growing list of states with legislation authorizing public-private partnership (P3) projects. Pennsylvania’s P3 legislation related specifically to transportation projects. Recently,...more
Legislation encouraging the use of public-private partnerships (P3s) to address Maryland’s growing infrastructure needs has been passed by the General Assembly and signed into law by Governor O’Malley with bipartisan...more
President Obama recently announced the Rebuild America Partnership plan (RAPP), a bipartisan effort focused on rebuilding the nation’s aging infrastructure and driving economic growth. Through RAPP, the President proposes to...more
Bryan Kendro, director of the Office of Policy and Public Private Partnerships for the Pennsylvania Department of Transportation (PennDOT), told InfraAmericas that repair of many of the state’s bridges could be structured as...more
On January 9, 2013, the Pennsylvania Public-Private Transportation Partnership Board (P3 Board) approved the Implementation Manual for Solicited and Unsolicited Projects (Implementation Manual), which provides highly...more