The Connecticut Department of Energy and Environmental Protection (DEEP) unveiled a hybrid plan of state and federal dollars delivering $44.8 million in funding to help municipalities, nonprofits and tribal communities prepare infrastructure for extreme weather. Applications are now open for the DEEP Climate Resilience Fund (DCRF), which combines $33 million in state funding with $11.8 […]
The University of Nebraska Medical Center (UNMC) took a major step forward Oct. 3, when the Board of Regents gave the green light to the second design phase of Project Health, a $2.19 billion facility intended to reshape health care education, research and patient care across Nebraska. The approval funds construction of the shell and […]
Oct. 1 marked a new fiscal year for the city of Fort Worth, initiating a new year of capital projects following the adoption of a $4.2 billion budget for 2026. The budget has seen an overall increase compared to the previous year’s, emphasizing an increased operational focus for public safety services while empowering housing-centric, park, animal shelter […]
The University of Arkansas at Fayetteville is planning a $100 million project to construct a new building for the expanding Sam M. Walton College of Business. Construction is expected to begin in 2027. The project will provide an additional 110,000 square feet of new space for the college, bordering the existing Walker Hall and Reynolds […]
The Massachusetts Institute of Technology (MIT) is rejecting a Trump Administration proposal to realign university priorities in exchange for preferential treatment for federal funding. MIT will become the first of nine schools that were sent the federal proposal to turn the offer down. MIT President Sally Kornbluth sent a letter Friday to the Education Department […]
There are several types of bond options that government officials can use to secure funding for major capital projects. Each of the different options balance repayment security, funding sources, and investor risk. It’s important to understand the different types of bonds because the funding they generate each year supports thousands of new projects that require […]
The Port of Los Angeles has issued a Request for Proposal (RFP) seeking interested parties for the pre-development of a new terminal. The proposed Pier 500 Marine Container Terminal Project is expected to increase the port’s cargo handling capacity, create jobs and improve the port’s sustainability, according to port officials. The selected entity would enter […]