Tag: TIFIA: Page 2

Roadbuilding

U.S. DOT to provide $325 million TIFIA loan for California’s Gerald Desmond Bridge replacement

The U.S. Department of Transportation is providing a $325 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to help pay for the Gerald Desmond Bridge replacement project in Long Beach, Calif., Transportation Secretary Anthony Foxx announced last week. The $1.2 billion project — a joint effort of the California Department of Transportation (Caltrans) and […]

May 26, 2014

Roadbuilding

Illiana Corridor deemed eligible to apply for TIFIA loan; Loan could finance one-third of project

Illiana Corridor officials yesterday announced that the U.S. Department of Transportation (U.S. DOT) has deemed the project eligible to apply for a federal loan that could finance up to one-third of the project. If the loan is approved, it would be provided through the Transportation Infrastructure Finance and Innovation Act (TIFIA) at a reduced interest […]

March 18, 2014

Roadbuilding

FHWA Administrator Mendez tells ARTBA National Convention attendees to ‘dream big, build big’

Federal Highway (FHWA) Administrator Victor Mendez told attendees at the American Road and Transportation Builders Association (ARTBA) National Convention in Milwaukee, Wisconsin, on September 9 to “dream big and build big to create a system that will meet the needs of future generations,” according to a report from our sister site, Aggregates Manager. At the […]

September 13, 2013

Roadbuilding

Foxx to travel, offer testimony for first time as Transportation Secretary

Transportation Secretary Anthony Foxx this week will take part in a few firsts in his new official role, according to a report from The Hill. Foxx, who was sworn in as DOT chief earlier this month, this week will take his first official trips and will testify before Congress for the first time since his […]

July 22, 2013

Business

A history of American infrastructure funding and how to go about establishing new financing tools

Just about anyone with knowledge on the subject of infrastructure and transportation funding in the U.S. that you talk to will tell you that big changes need to be made in order to remain competitive with the rest of the world. The truth is, our infrastructure is falling apart. The former Transportation Secretary has said […]

May 15, 2013

Business

Obama asks Congress to pass $21 billion bill for infrastructure improvements

On Friday, President Barack Obama proposed a $21 billion package of improvements for the country’s infrastructure, reports our sister site Better Roads. The plan is to be part of the President’s budget April 10th and includes $10 billion for an infrastructure bank that would bring together public and private funding. Also part of the plan […]

April 2, 2013

Roadbuilding

An Occasional Series: One 2 One with some of the most interesting people in the business

FHWA Administrator Victor Mendez talks to Editor-in-Chief John Latta.

January 10, 2013

Roadbuilding

RoadWorks

There has been no “bump” yet from the new surface transportation legislation, MAP 21, says one expert.

October 9, 2012

Construction Equipment

TIFIA transportation project loan program under fire

Congress will begin reconciling Senate and House highway reauthorization bills this week that contain significantly increased funding for a loan program that’s criticized as providing credit for too many public-private toll projects. On May 8, conferees from both chambers will have start meetings to begin the compromise process between House and Senate proposals for a […]

May 8, 2012

Roadbuilding

TIFIA transportation project loan program under fire

Congress will begin reconciling reauthorization bills that contain significantly increased funding for a somewhat controversial loan program.

May 7, 2012