Excerpt from the June 2020 Edition of Public Works Financing | Continue reading
From the July 2020 Edition of Public Works Financing | Continue reading
From the August 2020 Edition of Public Works Financing | Continue reading
The addition of Bechtel to the blue-chip team guiding the development work on the country’s first privately financed high-speed rail project has raised hopes that the $16-billion bullet train between Dallas and Houston could actually get built. Program manager Bechtel … Continue reading
On June 8, 2018, the City of Los Angeles, acting through the Los Angeles World Airports (LAWA) Board of Airport Commissioners, and LAX Integrated Express Solutions, LLC (LINXS) successfully reached financial close on a $4.9-billion agreement for the Automated People … Continue reading
Technical proposals are due in mid-July from four DBFOM teams competing to develop and operate the world’s largest consolidated rental car (ConRAC) facility, at Los Angeles International Airport (LAX). Financial proposals are due in early August, according to Los Angeles … Continue reading
The Jefferson Parkway Public Highway Authority is filling out its P3 procurement team for another try at hiring a developer to build and operate a 9.2-mile toll road that was created in 2008 to build as part of the final … Continue reading
Dauntless transportation advocate Pete Ruane, President and CEO of the American Road and Transportation Builders Association (ARTBA), will retire in October after successfully leading the charge in Washington on five highway bills that increased funding from $16 billion a year … Continue reading
Maryland’s $7.5-billion megaproject to build express toll lanes on I-495 and I-270 will have to be segmented into smaller contracts to be within the financial capability of private developers in the U.S., according to industry veteran Sidney Florey, the North … Continue reading
The Alabama Department of Transportation this month failed to win a $250-million federal grant it was counting on to help entice bidders for a $1.5-billion revenue risk concession to develop and operate the I-10 Mobile River Bridge and Bayway widening … Continue reading
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