FTA issues decision for $4.7B California BART extension

Construction Dive » The Federal Transit Administration has issued a Record of Decision for the $4.7 billion, six-mile BART Silicon Valley Phase II extension into downtown San Jose and Santa Clara, allowing the Santa Clara Valley Transportation Authority to start engineering work for the project and to apply for a $1.5 billion New Starts FTA grant.

Congress could provide funding for Gateway project

NJ.com » Gateway Tunnel funding continued to move through Congress as a key Senate committee approved money for the project despite President Donald Trump’s opposition to the project. The Senate Appropriations Committee approved a $71.4 billion funding bill for the 12 months beginning Oct. 1 that includes at least $2.5 billion for Amtrak and railroad grants.

Feds issue rule to promote private-sector participation in transit projects

Construction Dive » The Federal Transit Administration has announced its intention, through a notice in the Federal Register, to implement a new rule meant to remove any barriers that might be preventing private-industry investment in U.S. public transportation infrastructure projects. The new rule, dubbed Private Investment Project Procedures, will go into effect June 29.

Auditor general says ‘it’s uncertain’ new Champlain Bridge will be built on time

Montreal Gazette » Mayor Valérie Plante is worried about a federal report suggesting the new Champlain Bridge may not open in December after all. About 58 million cars and trucks and 200,000 buses use the Champlain annually to cross the St. Lawrence River, making it one of Canada’s busiest spans and a crucial link for commuters and business.

2018-05-31T08:23:44+00:00 May 29th, 2018|Bridges, Canada, Champlain Bridge, Public-Private Partnerships|

Chao Promotes Public-Private Partnerships as Infrastructure Funding Remains Uncertain

Transport Topics » Echoing the tenets of the infrastructure proposal, Chao emphasized the need for public-private partnerships, or P3s, to complete infrastructure projects. Her remarks come just days after White House Press Secretary Sarah Sanders announced that President Donald Trump’s infrastructure package is unlikely to advance this year.

2018-05-15T09:29:35+00:00 May 14th, 2018|Public-Private Partnerships, Trump & Infrastructure, U.S. News|

Putting the Public First in Public-Private Partnerships

American Prospect » When the public sector fails to transfer enough risk to private entities or fails in its own oversight obligations, a P3 can suck government – and taxpayers — into a fiasco that costs far more than if the project was delivered through traditional means.

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