While hundreds of infrastructure projects languish for want of funding, experts say that last year alone, the top 30 global infrastructure equity funds raised enough capital to finance $724 billion dollars’ worth of these projects. Funding is not a problem! Interestingly enough, the United States was home to five of the top 10 and 10 […]
Recent storms have had an immense impact on private-sector planning and construction opportunities in many states. So far this year, the United States has incurred more than $7 billion in damages from floods, and that is less than half of the total damages resulting from weather incidents. Winter storms, heavy spring rains, tornadoes and damaging […]
America’s infrastructure is crumbling – our roads, bridges, schools and water plants. While government officials are eager to address these growing needs, funding sources are scarce. There is an alternative solution to paying for infrastructure projects with funding other than local, state and federal allocations. But, according to a report released this week by the […]
A recent State of Our Schools report, co-produced by three education groups, brought attention to the rampant underinvestment in the nation’s education infrastructure. Shockingly, the report concludes that the U.S. is spending $46 billion less than what is required for safe and healthy facilities. Allocations of $38 billion for construction and $8 billion for school […]
When disasters and major emergencies occur, the Federal Emergency Management Agency (FEMA) is expected to move into action quickly and efficiently. Unfortunately, that does not always happen. In fact, FEMA’s performance over the past few years cried out for improvement. Changes have now been implemented. That’s important for a number of reasons. Victims of disasters […]
Three years after passage by Texas legislators of a narrowly focused bill, a Gulf Coast state college is taking advantage of that legislation – and a public-private partnership (P3) – to build campus housing. Lamar State College-Port Arthur (LSCPA) recently announced an agreement with a developer for construction of a $6.6 million campus housing complex for […]
Consider the length of a drive from New York City to Miami. That’s how far the deck surface of the nation’s structurally deficient bridges would extend if placed end-to-end, according to the American Road and Transportation Builders Association (ARTBA). That’s 1,340 miles of bridges that are in need of repair! According to ARTBA’s annual 2015 […]