Category Archives: Take Back Infrastructure

Special Report on Financing U.S. Infrastructure

Contents Note to Congress: Infrastructure finance practitioners show how to create $575 billion in new capex over 10 years with a budget impact of only $55 billion. Asset Recycling: Transportation policy leader Robert W. Poole Jr. lays out a plan … Continue reading

Posted in Take Back Infrastructure | Comments Off on Special Report on Financing U.S. Infrastructure

Budget Friendly Tools To Boost Infrastructure Finance

The Performance Infrastructure Review Committee (PIRC) is a bipartisan committee of individuals with expertise in federal policy, infrastructure development, and project finance. Over the past six months, PIRC has reviewed numerous concepts pertaining to how infrastructure is financed. The objective … Continue reading

Posted in Take Back Infrastructure | Comments Off on Budget Friendly Tools To Boost Infrastructure Finance

The Time Is Ripe For “Flanagan Bonds”

For Dan Flanagan’s life-long work to promote private investment in public works infrastructure, Public Works Financing this month has elected to name PIRC’s infrastructure credit bond the “Flanagan Bond”. Given his dauntless optimism, PIRC’s co-chairman Daniel V. Flanagan Jr. is … Continue reading

Posted in Take Back Infrastructure | Comments Off on The Time Is Ripe For “Flanagan Bonds”

Critical Asset Procurement Reform: A Federal P3 Capital Asset Financing Proposal

  Like the weather, everyone seems to complain about the impediments to federal asset acquisition but no one ever seems able to do anything about it. Current federal budgetary rules effectively require that the purchase and financing of major, long-lived … Continue reading

Posted in Take Back Infrastructure | Comments Off on Critical Asset Procurement Reform: A Federal P3 Capital Asset Financing Proposal

Why Tax Credit Bonds Should Be a Key Part Of Any Federal Infrastructure Policy Initiative

Major infrastructure investments—especially projects and programs of regional and national significance—can generate major “spillover” benefits to the general public—some, like locks and dams, literally so. This article explains why tax credit bonds should be in the mix of federal infrastructure … Continue reading

Posted in Take Back Infrastructure | Comments Off on Why Tax Credit Bonds Should Be a Key Part Of Any Federal Infrastructure Policy Initiative

Infrastructure Credit Bonds—A New Approach

The Performance Infrastructure Review Committee (PIRC) recommends that Congress enact a new volume-capped program of qualified tax-credit bonds for public infrastructure: Infrastructure Credit Bonds (ICBs). ICBs would be structured as a sixth class of “qualified tax credit bonds” (QTCBs) under … Continue reading

Posted in Take Back Infrastructure | Comments Off on Infrastructure Credit Bonds—A New Approach

Five Reasons Not To Toll The Interstates

by Alan Pisarski—We have to begin by recognizing the context in which we operate. The prime element in that context is the dramatic lack of credibility of government institutions at all levels in America today. In my view, this largely … Continue reading

Posted in Take Back Infrastructure | Comments Off on Five Reasons Not To Toll The Interstates

Transportation Policy Review How Asset Recycling Could Solve Trump’s Infrastructure Problem

The White House is trying to square the circle on its promised $1-trillion infrastructure plan. While still emphasizing the need for private (P3) capital investment, the Administration can hope for bipartisan support only if the plan includes net additions to … Continue reading

Posted in Take Back Infrastructure | Comments Off on Transportation Policy Review How Asset Recycling Could Solve Trump’s Infrastructure Problem

Gas Taxes are Doomed—But Road Usage Charges Won’t Solve The Problem

Relying on gas taxes to sustain the federal highway trust fund and state road improvement and maintenance programs is doomed because cars keep getting more fuel efficient. Public Works Financing readers will certainly be familiar with this trend. Electric vehicles … Continue reading

Posted in Take Back Infrastructure | Comments Off on Gas Taxes are Doomed—But Road Usage Charges Won’t Solve The Problem

Keeping the Promise: Saving Managed Lanes From Their Own Success

Express toll lanes (ETL), and other types of priced managed lanes, have become popular in our larger urban regions, engendering support from the traveling public and elected officials alike. This continues to be the biggest growth area in the toll … Continue reading

Posted in Take Back Infrastructure | Comments Off on Keeping the Promise: Saving Managed Lanes From Their Own Success