Infrastructure

Resource nationalism and its impact on infrastructure projects

by Peter Cassidy, Joseph Otoo | Reed Smith on 5/19/2013

Introduction - The global demand for natural resources continues unabated. As revenues increase and profits soar in the face of this demand, there has been a resurgence of “resource nationalism” with resource-rich host states...more

Senate Includes Buy American Requirement in Water Resources Development Act of 2013: Provision Would Mandate Use of American Iron,...

by King & Spalding on 5/18/2013

The United States Senate passed the Water Resources Development Act of 2013 by an overwhelming 83-14 margin on May 15, 2013. The legislation included an amendment sponsored by Senators Jeff Merkley (D-OR) and Sherrod Brown...more

Victorian Government Reforms PPP Policy to Support Infrastructure Growth

by Catie Burdett, Kimberley Wilson | K&L Gates LLP on 5/16/2013

The Victorian State Government announced on 2 May 2013, significant reforms to its Public Private Partnership (PPP) policy to support infrastructure growth in Victoria (Policy). The Policy is aimed at encouraging private...more

Orrick's Financial Industry Week in Review - May 6, 2013

by Orrick, Herrington & Sutcliffe LLP on 5/6/2013

On April 30, the FHFA issued its progress report on the steps being taken to establish a common securitization infrastructure for MBS. The FHFA is encouraging interested parties to provide written input on the progress...more

Focus - Spring 2013

by Ronald Barriere, Anatoly Darov, Dennis Kelly | Burns & Levinson LLP on 5/6/2013

In This Issue: - IRS Audits: Understanding Criminal Rights and Risks - Amazing Clients®: Ravago: A Big Company with a Low Profile - When is a Mom not a Mom?: De Facto Parenting in Massachusetts - Can the...more

HB 85 – Act Relating to Public-Private Partnerships

by Mark Herron | Messer & Caparello, P.A. on 4/25/2013

In the wake of the recent recession, a number of states, including Florida, are exploring new and innovative solutions to the problem of insufficient funding for the construction and improvement of public facilities. At the...more

Community Infrastructure Levy: More Changes Proposed

by Sebastian A. Charles, Rebecca Daniels | K&L Gates LLP on 4/18/2013

The Government is consulting on further changes to the CIL (Community Infrastructure Levy) regime. CIL allows local authorities to raise funds from developers undertaking new building projects in their area. The funds are put...more

Treasury Releases “Green Book” of Obama Administration FY 2014 Tax Priorities

by Mary Burke Baker, Michael W. Evans, Andrés Gil, Karishma Shah Page, Stefanos Roulakis, Ryan J. Severson | K&L Gates LLP on 4/18/2013

On April 10, the Treasury Department released its “General Explanations of the Administration’s Fiscal Year 2014 Revenue Proposals.” Known as the “Green Book,” the document provides an explanation of the Administration’s FY...more

Infrastructure Alert - April 17, 2013

by Cozen O'Connor on 4/17/2013

Last week, President Obama released his FY2014 budget, outlining several proposals to fund new infrastructure programs. The budget proposes $40 billion for “Fix it First” projects to repair existing infrastructure, as well...more

Alabama Legislative Update – Week 9: Bills Make Significant Progress in the House

by Denise Killebrew, Dennis Nabors | Baker, Donelson, Bearman, Caldwell &... on 4/16/2013

Legislators convened for a three-day work week that ended in early adjournment on Thursday afternoon as lawmakers left Montgomery to beat anticipated severe weather. Day 20 concluded a week that saw progress on several...more

Proposed 2014 Budget Encourages Private Investment in Infrastructure

by Frederic Ballard, Jr., Scott Cockerham, Charles Henck | Ballard Spahr LLP on 4/15/2013

This week, the Obama administration released its proposed budget for the 2014 fiscal year. Notably, the budget encourages private investment in infrastructure projects through various liberalizations of the tax laws relating...more

Maryland Passes P3 Legislation

by Sharifa Anderson, Steve Park, Brian Walsh, David Winstead | Ballard Spahr LLP on 4/9/2013

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

New Federal And State Programs Will Boost Public-Private Partnership Development

by Albert E. Dotson, Jr., Eric Singer | Bilzin Sumberg Baena Price & Axelrod LLP on 4/8/2013

Last Friday, President Obama visited Miami and, speaking at the Port of Miami, detailed his proposals for increased public-infrastructure spending through public-private partnerships. Although the President envisions...more

Public-Private Partnerships A Winning Strategy

by Albert E. Dotson, Jr. | Bilzin Sumberg Baena Price & Axelrod LLP on 4/5/2013

The global recession was unkind to communities across the United States and around the world. Facing diminished tax bases, frozen capital markets and a reduction in federal and state funding, many local governments shelved...more

President Obama Proposes Plan To Encourage Private Investment in Infrastructure

by Kurt Anderson, Steve Park, Brian Walsh | Ballard Spahr LLP on 4/5/2013

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

Recognition for USA Infrastructure Continues to Grow on Global Stage

by Geoffrey Yarema | Nossaman LLP on 4/4/2013

As the 2013 award season heats up for 2012 successes around the world, the juries are increasingly finding the US market hard to ignore. Infrastructure Journal and PPP Bulletin International, the two London-based media...more

Massachusetts Public-Private Partnerships: Time to Prime the Pump

by Steven A. Baddour | McDermott Will & Emery on 3/28/2013

This newsletter provides an update on the status of public-private partnerships in the Commonwealth of Massachusetts....more

Infrastructure Alert - March 26, 2013

by Cozen O'Connor on 3/26/2013

This Friday, President Obama will visit the Port of Miami. On July 19, 2012, President Obama put the Port of Miami on his “We Can’t Wait” list of expedited infrastructure projects to instruct the Army Corps of Engineers to...more

NSW Government Announces new Construction Guidelines

by Alice DeBoos, Matthew Parker | K&L Gates LLP on 3/25/2013

NSW Treasurer and Minister for Industrial Relations, the Hon. Mike Baird, has announced that new procurement Guidelines for the State's infrastructure projects will come into effect on 1 July 2013. In announcing the...more

Focus On Public Policy - March 2013: Federal Budget 2013

by Cyrus Reporter | Dentons on 3/22/2013

On March 21, 2013, Federal Finance Minister Jim Flaherty tabled the Conservative government’s new budget entitled Economic Action Plan 2013. As expected, the key themes are job creation, skills development, infrastructure...more

Infrastructure Defects: ASCE’s Report Card (Spoiler: America gets a D+) (news note)

by Melissa Dewey Brumback on 3/20/2013

How many bridges do you drive over on your way to work each day? Probably a bunch, if you have the typical commute of 32 round trip miles per day. Now, how many of them are *not* structurally sound? Probably more than you...more

Infrastructure Alert - March 13, 2013

by Cozen O'Connor on 3/13/2013

Sequestration began on March 1, and federal agencies are still in the process of sending out furlough notifications and determining specific program cuts. The continuing resolution authorizing current federal spending will...more

From One End of the US to the Other, Project Finance Magazine Recognizes P3 Projects as Deals of the Year

by Simon Santiago | Nossaman LLP on 3/12/2013

On March 7, Project Finance Magazine held its annual “Project Finance Americas Deals of the Year” awards dinner in New York City. The awards – which started 14 years ago – are for innovation, deal repeatability, best...more

TxDOT Executes Agreement for North Tarrant Express Segments 3A & 3B

by Linda Cunningham | Nossaman LLP on 3/6/2013

Texas Department of Transportation (TxDOT) officials executed a Facility Agreement with NTE Mobility Partners Segments 3 LLC (Developer) on March 1 for Segments 3A and 3B of the North Tarrant Express project in northeast...more

Water Infrastructure Loan Program Reintroduced in Congress

by Kimberly D. Magrini, Steve Park, Brian Walsh | Ballard Spahr LLP on 3/5/2013

On February 25, Senator Jeff Merkley (D-Oregon) reintroduced legislation authorizing federal water infrastructure projects and creating a federal loan program modeled after the Transportation Infrastructure Finance and...more

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