Construction Equipment
Ag Equipment
Roadbuilding
Dealers
Business
Technology
Tag: TIFIA
Roadbuilding
I-15 Express Lanes Project receives $152.2 million TIFIA loan
The U.S. Department of Transportation (USDOT) is providing a $152.2 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Riverside County Transportation Commission (RCTC) for the Interstate 15 Express Lanes Corridor Project. The project will cover 14.6 miles of I-15 in Riverside County, California, between the Cajalco Road interchange near the city of Corona […]
July 25, 2017
Roadbuilding
AASHTO recommends increased federal portion of TIFIA, simplified applications
The American Association of State Highway and Transportation Officials (AASHTO) recommends the federal government increase financing for the Transportation Infrastructure Finance and Innovation Act (TIFIA) program and create a simplified application process for agencies to apply for the loans. AASHTO presented this opinion July 12 in a Senate Commerce, Science and Transportation Committee hearing covering […]
July 18, 2017
Roadbuilding
USDOT provides $537.1 million TIFIA loan for Penn Station improvements
The U.S. Department of Transportation’s (USDOT) Build America Bureau (BAB) is providing a $537.1 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the New York State Urban Development Corporation D/B/A Empire State Development (ESD) for the Moynihan Train Hall Redevelopment Project. The project aims to ease congestion at New York City’s Penn Station. […]
July 7, 2017
Roadbuilding
USDOT provides $106.9 million TIFIA loan for C-470 Express Lanes Project
The U.S. Department of Transportation’s (USDOT) Build America Bureau (BAB) is providing a $106.9 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Colorado High Performance Transportation Enterprise (HPTE) for the C-470 Express Lanes Project. The project is the first phase of an effort to add capacity to the 26-mile C-470 highway that […]
June 16, 2017
Roadbuilding
Martin Klepper named first executive director of USDOT’s Build America Bureau
The U.S. Department of Transportation (UDOT) has named Martin Klepper as the first executive director of its Build America Bureau (BAB). The BAB is designed to streamline “credit and grant opportunities while providing technical assistance and encouraging innovative best practices in project planning, financing, delivery and monitoring.” Klepper is a senior partner in the Energy […]
January 3, 2017
Roadbuilding
USDOT’s Build America Bureau to help finance $2 billion for Seattle Transit Projects
Four Seattle transit projects could get roughly $2 billion in financing through the U.S. Department of Transportation’s Build America Bureau (BAB). The Central Puget Sound Regional Transit Authority (Sound Transit) and the BAB recently signed a Master Credit Agreement—“a first-of-its-kind arrangement in which the local transit authority will be able to expedite multiple loan requests […]
December 29, 2016
Roadbuilding
USDOT launches Build America Bureau to promote transportation infrastructure
The U.S. Department of Transportation (USDOT) has created the Build America Bureau in order to encourage and promote development of transportation infrastructure projects. The bureau is designed to streamline “credit and grant opportunities while providing technical assistance and encouraging innovative best practices in project planning, financing, delivery and monitoring.” “The Build America Bureau will be […]
July 25, 2016
Roadbuilding
FHWA provides $200 million TIFIA loan for I-93 in New Hampshire
The Federal Highway Administration (FHWA) is providing a $200 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to help finance additional lane construction to Interstate 93 in New Hampshire spanning from Salem to Manchester. The interstate was built more than 50 years ago to handle up to 70,000 vehicles a day, but now experiences […]
June 1, 2016
Roadbuilding
Delaware’s U.S. 301 Mainline toll road to get $211.35 million TIFIA loan
The U.S. Department of Transportation (USDOT) will provide a maximum loan of $211.35 million for construction of the U.S. 301 Mainline toll road project that begins at the Maryland and Delaware state line. The loan comes from USDOT’s Transportation Infrastructure Finance and Innovation Act (TIFIA). “Financial assistance from the (USDOT) means two important things for […]
August 21, 2015
Roadbuilding
USDOT awards $194 million infrastructure loan for part of Orlando’s Wekiva Parkway
A project that will help complete a beltway around metro Orlando’s northwest side is getting $194 million loan through the Transportation Infrastructure Finance and Innovation Act (TIFIA), the U.S. Department of Transportation announced. Five of the planned 14 sections of the Wekiva Parkway will be funded through the loan. When completed, the nearly $2 billion toll […]
March 30, 2015
Roadbuilding
Rep. Webster introduces bill aimed at improving TIFIA program
Rep. Daniel Webster (R-Fla.) has introduced a bill that aims to improve the Transportation Infrastructure Finance and Innovation Act (TIFIA) program, Politico reports. The bill, dubbed the TIFIA2.0 Act, would change the way projects are selected for TIFIA loans by looking at how each project would affect taxpayers. The bill also includes language that would […]
June 23, 2014
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
Page 1 of 2
Next Page