Augusta Free News » Governor Terry McAuliffe today announced that the United States Department of Transportation issued its approval to provide a $1.2 billion Transportation Infrastructure Finance and Innovation Act loan for the I-66 Outside the Beltway public-private partnership transportation project.
Los Angeles Times » On any given morning, more than a quarter of drivers in the toll lanes have evaded the single-driver toll, a problem that has become the top issue for Metropolitan Transportation Authority’s traffic officials. The high scofflaw rate has harmed the efficiency of the lanes, driving up prices and slowing down speeds for the customers who did pay to enter, they said.
Construction Equipment Guide » The announcement officially begins the process to solicit the Public-Private Partnership (P3) industry for major congestion relief plans for three key transportation routes. With the total project estimated value at $9 billion, the P3 portion to add four new lanes on both I-495 and I-270 is the largest proposed P3 highway project in North America.