Construction Equipment
Ag Equipment
Roadbuilding
Dealers
Business
Technology
Tag: Transportation Infrastructure Finance and Innovation Act
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
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 $99.6 million TIFIA loan to Bellevue’s BelRed Street Network Project
The U.S. Department of Transportation’s (USDOT) Build America Bureau (BAB) is providing a $99.6 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to Bellevue, Washington, for the BelRed Street Network Project. The project is a combination of 12 multimodal roadways planned to support the new BelRed neighborhood in the north part of the city. […]
June 15, 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
Texas gets $285 million TIFIA loan for I-35 expansion near Dallas
The U.S. Department of Transportation (USDOT) is providing a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for $285 million to the Texas Transportation Commission to finance expansion of portions of Interstate 35 near Dallas. The TIFIA loan program is administered by the department’s Build America Bureau, which has the purpose of streamlining credit and […]
November 11, 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
LBJ Express highway in Dallas, largest Texas P3, opens to public 3 months ahead of schedule
The largest public-private partnership (P3) in Texas, the approximately $2.6 billion LBJ Express highway reconstruction project, has opened to the public three months ahead of schedule. The project began in 2011 and involved reconstruction off all the main and expanded frontage lanes of Interstate 635 in the north Dallas region, stretching from Luna Road to […]
September 14, 2015
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
DOT loans $950 million to Florida highway project
The federal government has decided to loan $950 million to Florida for use on a project to expand the state’s heavily-used Interstate 4 highway way in the Orlando area. Transportation Infrastructure Finance and Innovation Act (TIFIA) is backing the loan which will ultimately be used to widen 21 miles of Interstate 4 and add four […]
September 12, 2014
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
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
Page 1 of 2
Next Page