Earlier today, President Barack Obama released his approximately $4 trillion budget proposal for Fiscal Year 2016, which begins on October 1 of this year. While the President’s proposed budget covers everything from defense to diseases, he has included a particularly ambitious proposal for transportation.
The President’s proposed budget provides $94.7 billion in funding for the Department of Transportation (US DOT), covering infrastructure development and safety enhancement in highways and bridges, transit, railroads, and aviation. The President is proposing a ...
The U.S. Department of Transportation has initiated changes to its TIGER Application review process effective for the pending TIGER VI round of funding. The most important change is that once a project receives a technical rating, that rating will not change during the remainder of the review process.
On May 28, 2014 the U.S. Government Accountability Office (GAO) issued a report finding that in TIGER V round of funding, DOT did not document key decisions to accept and review late applications, advance projects with lower technical ratings instead of more highly-rated projects, and ...
On April 29, 2014, President Obama delivered a draft of "Generating Renewal, Opportunity, and Work with Accelerated Mobility, Efficiency, and Rebuilding of Infrastructure and Communities throughout America" or "GROW AMERICA" Act to Congress, promised as his administration’s proposed multi-year surface transportation reauthorization. This is the first surface transportation authorization proposal to be released, and the House and Senate proposals are likely to be more conservative.
The GROW AMERICA Act proposes to replenish the shortfall in the Highway Trust Fund ...
On February 26, President Obama announced a proposal to fund a four year surface transportation bill that would increase spending by 22% for highways and 70% for transit over current levels. The White House provided a Fact Sheet that outlines to proposal. The current law, the Moving Ahead for Progress in the 21st Century Act (MAP-21) expires at the end of September. That means that a new bill or an extension must be agreed to by both Houses of Congress by that time. The President's envisions a $302 billion four year bill that builds on the substantive provisions of MAP-21. More ...
Last week I attended an invitation only round table organized by Karen Hedlund, Deputy Administrator for the Federal Railroad Administration. The round table was held in conjunction with the High Speed Rail Conference held at LA Metro's headquarters in Los Angeles, California. With the House T&I Committee expected to begin marking up a rail bill, Ms. Hedlund sought ideas about how to expand the Railroad Rehabilitation Improvement Financing credit program to be a more useful source of low cost debt capital for commuter rail projects. Around for a number of years, RRIF has been ...
This morning, U.S. Department of Transportation (USDOT) Secretary Anthony Foxx announced the winners of the fifth round of the Department’s highly competitive Transportation Investment Generating Economic Recovery (TIGER) discretionary grant program. From 585 applications requesting more than $9 billion, USDOT selected 52 transportation infrastructure projects in 37 states that will receive a total of $474 million.
Notable grants awarded today include more than $9 million to the Michigan Department of Transportation for its Kalamazoo to Dearborn passenger rail ...
The U.S. Department of Transportation announced Monday that it is making $474 million in financing available through its transportation investments grant program pursuant to the Full-Year Continuing Appropriations Act, 2013 (Pub. L. 113-6, March 26, 2013). The appropriation is similar to the appropriation for the TIGER program and USDOT will continue to refer to the program as ‘‘TIGER Discretionary Grants.’’ As with previous rounds of TIGER, funds for the FY 2013 TIGER program will be awarded on a competitive basis for projects that will have a significant impact on the ...
Nossaman’s 30-plus infrastructure attorneys offer clients, colleagues, strategic partners and industry media a wealth of practical experience, insider insight and thoughtful analysis here on Infra Insight. We blog about what we know best, from industry-leading procurements to local and national policy developments that affect the market and our clients.
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