Tag: public-private partnerships

Roadbuilding

Bipartisan Congressional caucus pushes plan to fund infrastructure work

The Problem Solvers Caucus is a bipartisan group pushing its Rebuilding America's Infrastructure plan forward on Capitol Hill. Details here on Equipment World.

June 14, 2019

Roadbuilding

RAND report: U.S. infrastructure not as bad as some politicians say

U.S. infrastructure definitely needs attention but political alarms about crumbling demise are overblown, according to a new study by the RAND Corporation, a nonprofit policy research organization. Concerns about transportation and other infrastructure – roads, bridges, airports, water systems – have led some politicians to call for large spending increases, but the RAND study says “much of […]

December 13, 2017

Roadbuilding

Trump said to reconsider private funding for $1 trillion infrastructure plan

President Donald Trump appears to be backing off plans to use public-private partnerships to finance his proposed $1 trillion infrastructure plan, the Washington Post and other media outlets report. The Post cited a House Democrat who attended a meeting Tuesday between Trump and members of the House Ways and Means Committee, in which he said […]

September 28, 2017

Roadbuilding

ARTBA recognizes Florida I-595, CDOT’s Spector with National P3 Awards

The American Road & Transportation Builders Association (ARTBA) recognized the I-595 Corridor Improvements Project in Florida and David Spector, director of the Colorado High Performance Transportation Enterprise (HPTE) as “models of excellence in innovative transportation financing” during its recent Public Private Partnerships (P3) in Transportation Conference. Spector was named P3 Entrepreneur of the Year, an […]

July 24, 2017

Roadbuilding

Colorado DOT, HPTE release final RFPs for Central 70 project

The Colorado Department of Transportation (CDOT) and the High Performance Transportation Enterprise (HPTE) have released the final request for proposals (RFP) for the Central 70 Project. CDOT is looking for a developer team to design, build, operate and maintain the project through a public-private partnership (P3). The project will: Add one express lane in each […]

March 9, 2017

Roadbuilding

Virginia accepts proposal for $500 million, 8-mile extension of I-395 Express Lanes

Virginia has accepted a proposal to add eight miles to the Interstate 395 Express Lanes extending from Turkeycock Run near Edsall Road in Alexandria to the Washington, D.C., border. Transurban, the private partner and operator of the I-95 and I-495 Express Lanes will carry out the financing, design, build, maintenance and operation of the extension. […]

March 2, 2017

Roadbuilding

Louisiana DOTD issues RFI to accelerate 1-10 Capital Corridor work through a P3

The Louisiana Department of Transportation and Development (LDOTD) has issued a request for information (RFI) to “accelerate major enhancements” on the I-10 Capital Corridor via a public-private partnership (P3). Last year, the state legislature changed a state law that allows the agency to solicit P3s. This is the first time the state has “seriously pursued […]

February 1, 2017

Roadbuilding

Senate confirms Elaine Chao as Secretary of Transportation

The Senate has confirmed Elaine Chao as the next Secretary of Transportation in a 93-6 vote Jan. 31. She was sworn in the same day. Chao’s husband Senate Majority Leader Mitch McConnell (R-Kentucky), voted “present.” Voting against Chao were Cory Booker (D-New Jersey), Kristen Gillibrand (D-New York), Jeff Merkley (D-Oregon), Bernie Sanders (I-Vermont), Senate Minority […]

February 1, 2017

Roadbuilding

Transportation secretary nominee Chao cites safety, private investment, technology in hearing

President-elect Donald Trump’s Transportation Secretary nominee Elaine Chao highlighted safety, private investment and technology during her nomination hearing before the Senate Committee on Commerce, Science and Transportation Jan. 11. Chao previously served as Labor Secretary under George W. Bush and as Deputy Transportation Secretary under George H.W. Bush, so she has a close familiarity with […]

January 16, 2017

Roadbuilding

Virginia selects Express Mobility Partners to build I-66 express lanes

Virginia has selected Express Mobility Partners, a consortium made up of Cintra, Meridiam, Ferrovial Agroman US and Allan Myers VA, to finance, design, build, maintain and operate the express lanes on Interstate 66 Outside the Beltway. The procurement process for the project took 16 months to complete. It is the first major procurement process under […]

November 7, 2016

Roadbuilding

P3-built I-40 Radio Road interchange opens in El Reno, Okla.

The $17 million Interstate 40 Radio Road interchange in El Reno, Oklahoma, a public-private partnership between the city, the Oklahoma Department of Transportation (ODOT) and Chesapeake Energy, has officially opened after a nearly four-year process. Chesapeake Energy announced in 2012 that it would pay the state’s part of the construction costs and secure right-of-way to […]

November 7, 2016

Roadbuilding

USDOT, Australia partner on transportation funding, technology ideas

The U.S. Department of Transportation and the Australia Ministry of Transport and Infrastructure are partnering on an information exchange program to collaborate and share strategies on infrastructure investment, technologies and innovation. Transportation Sec. Anthony Foxx and Australia Minister of Transport and Infrastructure Darren Chester signed a Memorandum of Cooperation August 3 that enables the exchange […]

August 5, 2016