Author Archives: Bill Reinhardt

About Bill Reinhardt

Editor of Public Works Financing newsletter

SANDAG Refunding Costly TIFIA Loan

Plans by the San Diego Association of Governments (SANDAG) to cash out its expensive TIFIA loans for the South Bay Expressway (SBX) have encountered some of the same ill winds that sank the private project 10 years ago, when it … Continue reading

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A Big Equity Check For All Aboard Florida? Maybe

Hopes for completing the All Aboard Florida (AAF) passenger rail project turned sharply up following Prime Minister Abe’s visit with President Trump in Florida this month. Within days, Japan’s SoftBank Group announced a $3.3-billion all-cash purchase of Fortress Investment Group, … Continue reading

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Texas Bullet Train Gets An “F” From Reason

A Reason Foundation report this month asserting that the Texas Central Railway’s (TCR) high-speed rail project isn’t feasible without huge public subsidies has put a new chill on the project as it moves into its ambitious second phase. Promoters bill … Continue reading

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Bids Set For Ohio State District Energy Lease

Ohio State University (OSU) will solicit priced proposals soon from prequalified bidders for a long-term lease of its district energy system. The university expects to name a preferred bidder in April and close the financing 90 days later. OSU’s campus … Continue reading

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Disruptive Technologies and Parking Demand

If self-driving cars can drop off a passenger and then either pick up another passenger or drive to a remote parking facility, will downtown parking garages or on-street parking be needed? This reality may not be far off. Tesla cars, … Continue reading

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Airport Asset Recyling Could Raise $16bn

Canada’s federal government is considering privatizing some of the country’s airports, a proposal that could net the government as much as Cdn $16.2 billion, a proponent says in a report for the C.D. Howe Institute, an economic think tank. But … Continue reading

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RFQ For Hamilton, ON LRT

Infrastructure Ontario and regional transit agency Metrolinx have issued an RFQ for the B-Line project, a DBFOM LRT in Hamilton, Ontario, with an approved capital budget of Cdn $892 million (2015 dollars). Hamilton is a city west of Toronto on … Continue reading

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Shortlist For Toronto Metrolinx Tunnel DBF

The Ontario government has shortlisted three groups for the 401 Rail Tunnel project, part of the surface rail expansion by the provincial transit agency Metrolinx in the area around Toronto. The DBF project, with a capital budget that could run … Continue reading

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Globalvia and Macquarie Join To Bid For Itinere

Spain’s Globalvia de Infraestructuras and Australia’s Macquarie Group, originally bidding separately to buy the controlling interest in Itinere, S.A., a Spanish toll road operator, are reported to be joining forces to structure a bid that will top Euro 1 billion … Continue reading

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Two Bids For Brazil Toll Road

Two teams bid late this month for a 30-year DBFOM concession of a 570-km long highway in Sâo Paulo state. The road, Rodovias Centro-Oeste Paulista, will be the first in Brazil to have free flow and dynamic tolling. It will … Continue reading

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