Author Archives: Bill Reinhardt

About Bill Reinhardt

Editor of Public Works Financing newsletter

Trump’s Flip On P3s Is Good News

All but the most wishful thinkers among P3 proponents had already given up on President Trump’s big plans for investing in infrastructure. Confirming their skepticism, Trump told a group of lawmakers on Sept. 26 that private financing of public infrastructure … Continue reading

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Maryland Hopes To Launch A National Model For Managing Congestion

Maryland’s Republican governor Larry Hogan probably improved his chances for reelection to a second term this month by floating bold plans for a 100-mile managed-lanes network to relieve chronic congestion in three of the state’s most constrained commuter corridors, all … Continue reading

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Kiewit Innovations Win Central 70 Express Lanes

Capping a two-year procurement, on Aug. 24 Colorado DOT (CDOT) selected a team led by Kiewit and Meridiam to negotiate a DBFOM development agreement to deliver CDOT’s largest project, the $1.17-billion Central 70 express lanes tollroad in Denver. Three other … Continue reading

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DIA Teminal P3 Development Agreement Approved

On August 15, the Denver City Council by a 10-2 vote approved a development agreement between the City and County of Denver’s Department of Aviation and Denver Great Hall, LLC, a consortium led by Madrid-based Ferrovial, to build the $1.8-billion … Continue reading

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LA Metro Advances Transit RFPs Based On Unsolicited Proposals

After spending most of a year teaching its advisors and developers the intricacies of its revenue model, LA Metro now believes it can begin procurements for two major rail projects that have been on the shelf for years. According to … Continue reading

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I-75 P3 On A Fast Track in Michigan

Hoping to accelerate construction of a key highway, Michigan’s term-limited governor has ordered the state’s transportation secretary to issue an RFQ by late November and get responses a month later for the state’s first highway P3—a $600-million, technically simple project … Continue reading

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Moment of Truth for Fargo Flood P3

The Red River between Fargo, ND and Morehead, MN., crested at 41 feet in March 2009, setting in motion plans for what has become a $2-billion flood control project between the two states. To accelerate work, the two cities and … Continue reading

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Sustainable Investing and Public-Private Partnerships

The global green bond market is growing with demand from investors outpacing the supply of investments. The market had $895 billion in total debt outstanding this year and the transport sector was the largest share, accounting for 61% of the … Continue reading

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Misunderstood Managed Lanes

A potential debacle is looming in Charlotte, NC that  could set back P3 development of managed (express toll) lanes. It stems in part from a basic misunderstanding of how variable pricing leads to much higher vehicle throughput during peak periods—not … Continue reading

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Canada OKs Ambassador Bridge—Trouble For Gordie Howe?

The Canadian government has given businessman Matty Moroun approval to replace his Ambassador Bridge between Detroit, MI and Windsor, ON, raising questions about the future of the Canadian government’s P3 Gordie Howe Bridge. The Cdn $4-billion Gordie Howe Bridge project, … Continue reading

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