Tag Archives: Transportation

Posted on

Survey shows increased support for user fees, levies for transportation needs

Americans are more likely to be open to innovative financing tools to pay for the nation’s crumbling infrastructure than many previously had thought. A recent national survey, Transportation Mobility 2016, conducted by HNTB Corp. and released today, shows that 65 percent of those surveyed would support user fees such as levies on vehicle miles traveled or mileage-based fees to address the country’s deteriorating transportation infrastructure.

Posted on

Lots of banks in Texas – but, this one is special!

sib

Texas has lots of banks and one of the most interesting is the State Infrastructure Bank (SIB). Texas was one of 10 states chosen to participate in the first pilot SIB program following passage of the 1995 National Highway Designation Act. That legislation authorized SIBs as financial options that local governments could take advantage of […]

Posted on

Innovative toll revenue models provide options

States looking for innovative ways to finance road construction

For decades, toll roads have generated revenue for critical transportation projects. Now, however, toll roads have become controversial with a segment of the population, and some elected officials are vowing to ensure that new toll roads are not created. That, of course, begs the question of where revenue can be found for critical projects. A […]

Posted on

Don’t believe times are changing? Check out what is happening in Washington, D.C.!

The federal government is promoting collaboration and public-private partnerships in a very big way! As a result, significant changes are occurring. A perfect example of a changing world is the existence of 23 federal agencies that now have offices dedicated specifically to pursuing collaborations with private-sector partners. Would anyone have believed a couple of years […]

Posted on

More than 1,000 miles of nation’s bridges classified as ‘structurally deficient’

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 […]

Posted on

Collaborations benefit taxpayers, public entities, private-sector firms

Redevelopment projects, such as the one shown here, are ideal for public-private partnerships

When developers work with public sector, everyone wins Transit-oriented development is a trend with significant momentum in the United States. Because so many people depend on transit systems daily, mixed-use communities have been developed around boarding stations. These areas have become perfect targets for public-private partnerships that create new revenue for cities, port authorities, public […]