The Daily Item » The Department of Transportation has asked its private sector partners to put the pedal to metal in replacing more than 500 structurally deficient bridges. More than 1-in-4 bridges targeted by the public-private partnership were not done by the 2017 deadline to finish the job.
Bethesda Magazine » On Thursday, the state’s transportation department announced it received 27 responses to its request for initial information from companies interested in financing, building and operating the estimated $7.6 billion project.
Londonist » Whatever the problem in London, the engineers’ solution is usually a tunnel. That’s why the Thames Tideway Tunnel (aka ‘super sewer’) is London’s proposed solution to sewage overflows into the River Thames.
The Washington Post » A Dec. 13 forum is scheduled for companies interested in a public-private partnership to add express toll lanes to the Capital Beltway and Interstate 270 via a $7.6 billion public-private partnership. Under the agreement, a team of companies would design, build and finance the lanes’ construction in exchange for operating the lanes and […]
Reuters » The crisis-hit British builder’s shares plunged 59 percent in heavy trade, after issuing its third profit warning since July. Lower profits, delays to certain PPP disposals, trouble with a big Middle East project and heavy debt weighed down the company’s stock.
Reuters » British builder Carillion issued its third profit warning this year and said it would breach its financial covenant.