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Tag: P3: Page 3
Roadbuilding
Provision in WRRDA would boost P3s for water projects
The $12.3 billion Water Resources Reform and Development Act (WRRDA) that was recently approved by the House and Senate would boost public-private partnerships (P3s), and those P3s are getting mixed reviews, The Hill reports. A water infrastructure advocacy group, Boston, Mass.-based Corporate Accountability International’s (CAI) Public Water Works! campaign, said Tuesday it is concerned about the […]
May 28, 2014
Roadbuilding
Florida DOT announces P3 for $2.3 billion Interstate project
The Florida Department of Transportation (FDOT) will work through a public-private partnership to complete a $2.3 billion Interstate project, AASHTO Journal reports. The agency accepted a bid from 1-4 Mobility Partners, which will design, construct, finance, operate and maintain the I-4 Ultimate project for 40 years under a concession agreement. The project involves the reconstruction […]
April 28, 2014
Roadbuilding
PennDOT invites 4 teams to submit proposals for state’s public-private bridge replacement initiative
Pennsylvania Department of Transportation (PennDOT) Secretary Barry J. Schoch announced Wednesday that the agency is inviting four teams to submit proposals for its public-private partnership (P3) initiative to replace 500 bridges in the state. Dubbed the Rapid Bridge Replacement Project, the P3 initiative aims to lower costs by replacing similarly designed bridges through one contract. […]
March 27, 2014
Roadbuilding
Nevada Board of Transportation approves $100 million in bonds for I-15 expansion project
A project that will widen Interstate 15 in Las Vegas is one step closer to becoming a reality. The Nevada Board of Transportation on Monday approved the sale of $100 million in revenue bonds to buy right-of-way for the $1 billion project, the Las Vegas Sun reports. The Nevada Department of Transportation (NDOT) will partner […]
January 14, 2014
Roadbuilding
Senate Commerce Committee to meet Tuesday about private transportation funding
The Senate Commerce, Science and Transportation Committee will meet Tuesday to discuss potential private sector sources of transportation infrastructure funding, according to a report from The Hill. Senate Commerce Committee Chairman Jay Rockefeller (D-W. Va.) said Tuesday that lawmakers need to make a bipartisan effort to put in place transportation funding. “Congress has shown neither […]
September 24, 2013
Roadbuilding
Mexico Paving a Road to Nowhere
As the saying goes, “Those who cannot remember the past are condemned to repeat it.” And repeat it they will if Mexican President Enrique Peña Nieto follows through with his $100 billion infrastructure program. A first-class highway expansion is currently under construction through Tepoztlán, which could mean great things for Mexico’s commerce – if it […]
August 13, 2013
Roadbuilding
VDOT considers 10 public-private partnership projects
The Virginia Department of Transportation (VDOT) is considering 10 transportation projects as candidates for public-private partnerships. Governor Bob McDonnell yesterday released the state’s Public-Private Partnerships’ (“OTP3”) Draft 2013 Virginia PPTA Pipeline, which contains the P3 candidate projects as well as 10 conceptual projects. The P3 candidate projects are ready to be moved through the screening […]
July 2, 2013
Roadbuilding
Private money: A funding wildcard in 2014
It’s hard to see a time in the foreseeable future where we will have a solid supply of funding from any single source to fill the Highway Trust Fund (HTF). That’s an asterisked statement of course because an increased gas tax could do it. But that won’t happen in the foreseeable future. And neither will […]
June 13, 2013
Roadbuilding
Where Interstate 20 crosses Interstate Bob
Are we approaching an intersection, where Public Street and Private Road meet? And if we are, is that intersection a confusing place in need of significant upgrading if it is to benefit the traveling public? Yep. Public-private partnerships created to profitably build and operate/manage transportation infrastructure (i.e. roads and bridges) appear to be on the […]
May 15, 2013
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