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Tag: PPP
Roadbuilding
Highway projects removed from Tenn. P3 bill
Roadway projects have been removed from a Tennessee bill that allows private sector investments in state transportation projects. The newly amended bill is still moving forward, but it will now only apply to mass transit projects following opposition from the road building lobby, according to the Associated Press. State Sen. Bill Ketron (R-Murfreesboro) said the new bill would enable […]
March 16, 2016
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
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
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
Roadbuilding
Chicago’s private road future
What we need is a matchmaker. Is Chicago Mayor Rahm Emanuel the man for the job? Getting private investment money into a serious relationship with roads is  a very frustrating process. So much so that it hasn’t really happened yet to any significant extent. The money is out there, and investors want to invest it. […]
January 7, 2013
Roadbuilding
N.J. and privatizing state road maintenance
It’s the sort of thing that has to happen in this economic age. As state DOTs find their funding cupboards increasingly bare they will have no choice but to try revenue-raising strategies that have mostly just been the subject of talk or studies. The New Jersey DOT is reportedly ready to use private companies to […]
June 6, 2011
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