California Senate Bill 593 (SB 593), introduced by Senator Ted Lieu (D-Torrance), shows the interest of some State legislators in implementing performance-based infrastructure (PBI) in social programs.
SB 593 would require the California Office of Planning and Research to administer a Social Impact Partnership Pilot Program (the Pilot Program) beginning in 2015. The Pilot Program would authorize the Director of the Office of Planning and Research (Director) to identify and submit proposed social impact partnerships to the California Legislature for its consideration each ...
Victor Mendez, Acting Deputy Secretary at the U.S. Department of Transportation, participated this morning in a Bloomberg Government panel entitled America on the Move: Investing in U.S. Infrastructure. In a wide-ranging discussion, he addressed the issue of long-term funding for U.S. infrastructure.
He commented that there is a need for many funding options and we need the private sector in the mix. The TIFIA program has been successful, financing 40 or so projects so far with the private sector, many of them toll roads. Some of the projects are very long term, up to 50 years.
Mendez ...
House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) and Ranking Member Nick Rahall (D-WV) announced the creation of a special committee panel to examine public-private partnerships (P3s) in the United States. This panel will inform the Committee’s work this year on reauthorizing surface transportation programs and other legislative activity.
Committee Vice Chairman John J. Duncan, Jr. (R-TN) will serve as the Chair, while Rep. Michael Capuano (D-MA) will be the Ranking Member. Joining them are five other Republicans - Candice Miller of ...
On January 8, 2014, the Maryland Department of Transportation and the Maryland Transit Administration announced that four teams were short-listed to submit proposals to design, build, construct, finance, operate and maintain the Purple Line Project through a public-private partnership (P3). The estimated $2.2 billion Purple Line Project is 16.2 mile light rail transit line that extends from Bethesda in Montgomery County to New Carrollton in Prince George’s County, connecting major activity centers inside the Capital Beltway. The four teams, representing a combination of ...
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