Engineering proven to enhance economic development
Civil Engineering » A new report by the Royal Academy of Engineering finds that, globally, countries that invest the most in engineering reap economic benefits. The report can be found here.
USDOT’s BATIC issues best practices report on P3s for transportation funding
Equipment World’s Better Roads »
The Build America Transportation Investment Center (BATIC), under the U.S. Department of Transportation, released a report entitled “Successful Practices for P3s”. The report provides detailed information about the use and phases of public-private partnerships (P3s), including legislation, development, procurement, and oversight. The report is available here.
Study: 58,000 U.S. bridges found to be ‘structurally deficient’
A study by the American Road and Transportation Builders Association (ARTBA) concluded that of the 609,539 bridges across the United States, 58,495 bridges, a span of 1,340 miles, are structurally deficient. The U.S. Department of Transportation estimates the repair and replacement of these bridges would cost $115 billion, and may take 21 years to complete based on the current funding levels.