News & Analysis as of

Public Projects Public Financing

When Your “Private” Project Suddenly Turns into a “Public” Project. Hint: It Doesn’t Necessary Turn on Public Financing or...

In 1931, during the Great Depression, the federal government enacted the Davis-Bacon Act to help workers on federal construction projects. The Davis-Bacon Act, also known as the federal prevailing wage law, sets minimum wages...more

Maryland Purple Line Concessionaire Achieves Financial Close – Time to Build!

by Nossaman LLP on

Financing for the Maryland Purple Line closed on Friday, June 17 – marking an important milestone for the Maryland Transit Administration’s (and Maryland Department of Transportation’s) plan to deliver a transit solution to...more

Colorado Court Decision Creates Uncertainty for Development Using Metro District Public Financing

On April 21, 2016, the Colorado Court of Appeals issued a decision related to the Landmark project in Greenwood Village (Landmark Towers Association v. UMB Bank, hereinafter “Marin”). The decision calls into question the...more

Political Notes

Sertich Appointed to the Minnesota Stadium Facilities Authority - After the dust up with Stadium Authority member Duane Benson and Stadium Authority Chair Michele Kelm-Helgen, Governor Dayton appointed former IRRRB...more

Mello-Roos May Be Used to Fund Condemnation Action of Private Utility Provider

by Nossaman LLP on

Those of us living in newer neighborhoods are familiar with Mello-Roos – it shows up on our annual tax bills as a way to pay off bonds issued to finance various public improvements, such as schools, streets, and parks that...more

Availability Payment or Toll Concession: Is there a hybrid approach?

by Nossaman LLP on

At the TRB P3 Subcommittee meeting on January 12, 2015, among the topics discussed is the growth in the U.S. P3 market of the availability payment approach and less use of toll concessions. Availability payment contracts...more

Emerging Trends in Project Delivery: Design-Build-Maintain Contracting for Surface Transportation Projects

by Nossaman LLP on

In the modern U.S. history of public-private partnerships, the prevailing project delivery models have been the toll concession and the availability payment contract. In both cases, the private party raises equity and debt...more

Can You Discriminate Against a Company's Race? Fourth Circuit Says Yes, Grants Standing to Sue for Racial Discrimination

by Polsinelli on

Owners, contractors and other recipients of federal funds be aware: when construction or other federally-funded contracts sour, not only can contracting parties file lawsuits claiming breach of contract, but if the...more

Panama Canal Expansion Update: October 2014 Milestones

by Fowler White Burnett, P.A. on

The Panama Canal connects the Atlantic and Pacific Oceans and joins North and South America. It is one of the narrowest waterways in the world, yet thirteen to fourteen thousand ships brave the Panama Canal each year because...more

"Enhanced Infrastructure Financing Districts": New California Infrastructure Financing Law Passes Legislature

by Nossaman LLP on

Enhanced Infrastructure Financing Districts will soon become a reality for many cities and counties looking for a mechanism to perform some functions previously done by redevelopment agencies. Senate Bill 628 (SB 628) passed...more

The Lakers Beat the Who?

Seattle sports fans recently rejoiced when the Maloof family announced that they have (finally) agreed to sell their stake in the Sacramento Kings to a Seattle-based investment group that (spoiler alert) intends to move the...more

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