surface transportation

This Week in Infrastructure: The Need for Funding

Several states are responding to the impending reality that this fall the Highway Trust Fund “will have insufficient revenues to meet obligations” unless a sustainable revenue source is found. Among those voicing concerns is Tennessee. As a precaution, TDOT prepared two 2015 budgets: one with federal funding, budgeting $1.8 billion and another without, budgeting $900......

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Meet IP3, the New P3 Where Citizens Are the Owners

If you follow the infrastructure financing debate about how America is going to fund our future infrastructure needs, you have probably heard the term P3 or public-private partnership discussed as an innovative financing structure to utilize private investment in public infrastructure. However, with the release of the American Enterprise Institute’s new report, Road Pricing and......

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Mexico Ramps Up Infrastructure Investment Over the Next 5 Years

This week Mexican President Enrique Peña Nieto announced an initiative to fund $300 billion dollars (4 trillion pesos) worth of infrastructure projects through 2018. The money will be used to extend highways, revitalize and extend both passenger and freight rail, and upgrade ports in Mexico to increase capacity and efficiency of handling. “Nobody can doubt......

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Transportation Bill Signed Into Law

President Obama signed the surface transportation bill, MAP-21 (HR 4348), last Friday at the White House. The President’s signature comes 1,010 days after the last surface transportation bill, SAFETEA-LU, expired. The new $118 billion, 27 month piece of legislation will fund programs until September 2014. ASCE President Andrew Herrmann, P.E., SECB, F.ASCE, was in attendance for......

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Key Senators Unveil Surface Transportation Principles

The Senate Environment and Public Works Committee is inching closer to releasing a surface transportation authorization bill, which it hopes to mark up by the Fourth of July. This week the big four of the Environment and Public Works Committee, Senators Barbara Boxer (D-CA), James Inhofe (R-OK), Max Baucus (D-MT), and David Vitter (R-LA) released......

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Amendment to Block Trust Fund Diversions Fails

After a mighty effort by members of ASCE and other transportation and infrastructure organizations, Republicans this week voted to remove guarantees that gas tax revenue be used solely to fund surface transportation projects and that yearly appropriations do not have to be at their authorized levels. While this is is certainly a blow to transportation advocates, it is still......

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