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Keyword: p3

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  • Interstate 73 may benefit from Trump's infrastructure plan

    02/21/2018 7:54:50 AM PST · by Tolerance Sucks Rocks · 10 replies
    WBTW News 13 ^ | February 13, 2018 | Chris Spiker
    MYRTLE BEACH, SC (WBTW) - The South Carolina leg of a proposed interstate that would end on the Grand Strand may benefit from President Trump's infrastructure plan. Some leaders say Interstate 73 construction could be approved sooner, but paying for the highway could change. The president's plan says the federal government would pay for 20 percent of a project, with more costs shifted towards local governments, the private sector and people. That means if I-73 is built, it will likely include tolls. "I think the odds for I-73 are looking better and better," says Brad Dean, president and CEO of...
  • Gov. Terry McAuliffeís last transportation deal: 10 more miles of toll lanes on Interstate 95

    02/09/2018 10:44:38 AM PST · by Tolerance Sucks Rocks · 23 replies
    The Washington Post ^ | January 10, 2018 | Luz Lazo
    Virginia Gov. Terry McAuliffe (D) announced a deal Wednesday that will add 10 more miles of express lanes to the Interstate 95 corridor, expanding the system of high-occupancy toll (HOT) lanes to Fredericksburg by 2022. As part of the agreement, the private company building the lanes will give the state $277 million upfront to cover costs of a bridge over the Rappahannock River and other improvements along the corridor, Virginia transportation officials said. The deal essentially moves forward a 10-mile extension from Garrisonville Road (Route 610) in Stafford County to Route 17 in the Fredericksburg area. It also builds on...
  • Mixed reaction to leaked infrastructure plan

    01/25/2018 7:16:42 AM PST · by Tolerance Sucks Rocks · 6 replies
    Fleet Owner ^ | January 23, 2018 | Sean Kilcarr
    A leaked six-page memo that purportedly outlines some of the key principles of the Trump administration‚Äôs long-awaited infrastructure plan is drawing fire from several corners of the trucking industry ‚Äď especially regarding plans to allow states to broaden interstate tolling efforts and commercialize rest stops.‚ÄúOur primary concern is that the memo talks about giving states the ‚Äėflexibility‚Äô to toll existing interstates and ‚Äėreconcile the grandfathered restrictions on the use of highway toll revenues with current law.‚Äô We‚Äôre gearing up for a big fight over that,‚ÄĚ Stephanie Kane, spokesperson for the Alliance for Toll-Free Interstates, told Fleet Owner.Related: ATRI: Fuel tax...
  • Where should I-66 outside the Beltway toll money go?

    01/02/2018 7:01:01 AM PST · by Tolerance Sucks Rocks · 10 replies
    WTOP ^ | January 1, 2018 | Max Smith
    WASHINGTON ó With construction on new toll lanes ramping up this year on Interstate 66 between Gainesville and the Beltway, Virginiaís Commonwealth Transportation Board is due to approve a number of projects next week that will be paid for by the toll lane operators. After a public hearing Thursday, the board is due to vote Jan. 10 on how to spend $496 million of a $579 million payment that Express Mobility Partners gave the state as part of the construction agreement. An additional $79 million is due to go toward oversight of the project, including public outreach, and there is...
  • Maryland plan to build toll lanes on Beltway, I-270 piques companiesí interest

    12/30/2017 1:05:09 AM PST · by Tolerance Sucks Rocks · 21 replies
    The Washington Post ^ | December 13, 2017 | Katherine Shaver
    Maryland Transportation Secretary Pete K. Rahn dangled a $9 billion carrot Wednesday in front of more than 100 companies potentially interested in adding express toll lanes to the Capital Beltway, Interstate 270 and the Baltimore-Washington Parkway. ďItís amazing,Ē Rahn quipped to more than 320 highway engineers, designers and builders in a ballroom at the BWI Airport Marriott in Linthicum. ďYou can get a lot of attention when you put a nine in front of a ĎB.íĒ Officially, the Maryland Department of Transportationís industry forum was intended to provide companies more details about the plan to add four toll lanes each...
  • $17 tolls? VDOT says 1st day on I-66 averaged $14.50 round trip

    12/29/2017 10:38:32 PM PST · by Tolerance Sucks Rocks · 23 replies
    WTOP ^ | December 8, 2017 | Max Smith
    WASHINGTON ó About two years ago, during the last big debate over Interstate 66 rush-hour tolls for solo drivers, there was a lot of talk about $17 round-trip tolls. Virginiaís transportation secretary said this week that the tolls drivers have seen inside the Beltway so far remain in line with those projections. New data the Virginia Department of Transportation provided Thursday from the first day of tolls on Monday morning show the average morning toll for drivers who paid with an E-ZPass, or who will get automated violation notices in the mail, was $10.70, while the average afternoon toll paid...
  • Next on Virginiaís extensive toll-road system: Interstate 395

    12/17/2017 1:15:37 AM PST · by Tolerance Sucks Rocks · 16 replies
    The Washington Post ^ | November 25, 2017 | Luz Lazo
    T he expansion of Virginiaís extensive system of high≠-occupancy toll (HOT) lanes is shifting to Interstate 395. Construction is set to take off before the end of the year along an eight-mile stretch of Interstate 395, where todayís high-occupancy vehicle (HOV) lanes are being converted into toll lanes. The $480 million project will deliver the next major milestone in the stateís vision to create a network of more than 90 miles of HOT lanes in Northern Virginia by 2022. About 45 miles of express lanes have opened on Interstates 495 and 95 within the past five years, and the state...
  • Experts see few reasons to proceed with Interstate 81 tunnel option

    12/11/2017 4:43:18 AM PST · by Tolerance Sucks Rocks · 31 replies
    The Syracuse Post-Standard ^ | December 8, 2017 | Mark Weiner
    A $2 million study on replacing part of†Interstate 81 in Syracuse with a tunnel supports what national transportation experts say they have known for years: Tunnels usually are a bad idea.While an I-81 tunnel would be technically feasible, it would be difficult to justify the cost of up to $4.5 billion at a time when few publicly-financed tunnel projects are moving forward, according to four transportation policy experts interviewed by syracuse.com.The few highway tunnel projects approved in recent years have been expensive mega projects, often plagued by delays and cost overruns that have drawn public criticism, the experts said.New York...
  • Gilcrease Expressway extension update: How much will drivers pay for toll?

    12/03/2017 8:08:34 PM PST · by Tolerance Sucks Rocks · 10 replies
    The Tulsa World ^ | November 13, 2017 | Kevin Canfield
    State officials have yet to find a private partner to help finance the construction of the final five miles of the Gilcrease Expressway, but they are closer to figuring out how much motorists will have to pay to use it. Tim Gatz, executive director of the Oklahoma Turnpike Authority, said Monday that the toll is expected to be about $1 to $1.50 for private vehicles, with a higher rate for commercial vehicles. Motorists who use the plate-pay system, as can be used in Jenks, likely would pay more. ďWe are waiting on the traffic and revenue study to come back...
  • State Asks About Benefits, Drawbacks of Privatizing I-270 Maintenance

    11/28/2017 5:12:35 AM PST · by Tolerance Sucks Rocks · 1 replies
    Bethesda Magazine ^ | September 27, 2017 | Bethany Rodgers
    As state officials launch a project to add toll lanes to Interstate 270 and the Beltway, they also are exploring the benefits of privatizing maintenance of existing highway sections. The Maryland Department of Transportation last week began soliciting input from businesses on the estimated $7.6 billion plan to expand Interstate 495 through Maryland and I-270 from the Beltway to Frederick. A separate but related $1.4 billion plan calls for adding capacity to I-295. During a Sept. 21 press conference, Gov. Larry Hogan said his idea for relieving congestion on the state’s largest thoroughfares relies on finding a private partner to...
  • Montgomery Co. leaders hear stateís plans to ease Beltway, I-270 congestion

    11/27/2017 12:57:04 PM PST · by Tolerance Sucks Rocks · 15 replies
    WTOP ^ | November 16, 2017 | Mike Murillo
    ROCKVILLE, Md. ¬ó A month after Maryland Gov. Larry Hogan introduced it, Maryland¬ís Secretary of Transportation Pete Rahn went in front of Montgomery County leaders to lay out a $9 billion project that aims to ease congestion on Interstate 270, the Capital Beltway and the Baltimore-Washington Parkway.Rahn believes construction of the project can begin in fewer than five years.¬ďWe have to recognize we have problem. It‚Äôs a multifaceted problem, and we have to come up with multifaceted solutions,¬Ē Rahn told members of the Montgomery County Council¬ís Transportation, Infrastructure, Energy, and Environment committee Thursday.Packed roads cost drivers time, as well. The...
  • Money for Arkansas River Bridge Is Fort Smith's Missing Link

    11/16/2017 4:54:55 AM PST · by Tolerance Sucks Rocks · 17 replies
    Arkansas Business ^ | November 13, 2017 | Marty Cook
    One of Arkansasí top priorities is finishing Interstate 49 in the western part of the state. A key component of that massive project, which is also massively expensive, is a 13.7-mile stretch near Fort Smith that includes a bridge over the Arkansas River to connect Interstate 40 with Interstate 49, which would then run from south Fort Smith to northwest Arkansas and up through the midsection of the nation. The projectís completion would connect with a 6.5-mile stretch of Interstate 549 that opened in 2015 and hooks up U.S. 71 with Highway 22 in south Fort Smith. The proposed 13.7-mile...
  • Hoganís idea to widen Washington-area highways to add toll lanes has hit barriers before

    11/15/2017 10:34:02 AM PST · by Tolerance Sucks Rocks · 10 replies
    The Washington Post ^ | October 21, 2017 | Katherine Shaver
    Maryland Gov. Larry Hoganís proposal to add toll lanes to three of the most congested highways in the Washington suburbs reaches beyond similar proposals that stalled over the years after being deemed too expensive or disruptive to adjacent communities. Hoganís $9 billion plan would add four toll lanes each to Marylandís portion of the Capital Beltway (I-495) and to I-270 from the Beltway to Frederick. It would also widen the Baltimore-Washington Parkway by four toll lanes. The project would be built using a public-private partnership in what Hogan (R) has said would be the largest such deal for highways in...
  • MI to use P3 to cut $1B highway project schedule by 10 years

    10/22/2017 10:07:49 AM PDT · by Tolerance Sucks Rocks · 11 replies
    ConstructionDIVE ^ | October 2, 2017 | Kim Slowey
    Dive Brief: The Michigan Department of Transportation announced it will take on private-sector partners to finish a $1 billion state highway modernization project in Oakland County, MI. Using the public-private partnership (P3) model to design, build, finance and maintain the remainder of the project, rather than waiting on public funds to become available, could shorten the construction schedule by up to a decade, The Detroit News reported. MDOT will issue requests for qualifications from potential private partners before the end of the year, and it anticipates the selection process will wrap up in the summer and fall of 2018. The...
  • How to Make Private Investment in Infrastructure Really Work

    10/15/2017 10:58:14 PM PDT · by Tolerance Sucks Rocks · 2 replies
    Citylab ^ | October 9, 2017 | William Murray
    During the 2016 presidential campaign, Donald Trumpólike his opponent Hillary Clintonóspoke glowingly about infrastructure spending, alluding to Franklin Rooseveltís Works Progress Administration and Dwight Eisenhowerís Interstate Highway System as examples of how spending on roads, bridges and airports helped unite the country. For 2017, the American Society of Civil Engineers has given Americaís infrastructure an overall grade of D+, estimating it would cost more than $4 trillion to upgrade properly. But President Trumpís $1 trillion dollar, 10-year infrastructure plan has so far moved along at a halting pace. This tortoise-like process may offer an opportunity to think more strategically about...
  • Texas' Toll Roads: A Big Step Towards Open Markets For Transportation

    10/10/2017 8:10:17 AM PDT · by Tolerance Sucks Rocks · 96 replies
    Forbes ^ | June 30, 2017 | Scott Beyer
    No city in America runs on anything resembling a free-market model. But Texas' major cities are probably the closest thing, with vast improvements to their economies and living standards to show for it. Their looser land-use laws mean that housing supply grows quickly, stabilizing prices. Their lighter tax and regulatory structure helps businesses locate there and grow. Andóshenanigans from the governor's office notwithstandingótheir openness to immigrants means they have cheap and robust labor forces.But one market-oriented aspect little discussed is Texas' approach to transportation. The state has†25 toll roads, more than†any other state. They are particularly common†in Houston and Dallas,...
  • New Texas 130 owners to make $60 million in repairs to bumpy road

    10/10/2017 5:46:43 AM PDT · by Tolerance Sucks Rocks · 18 replies
    The Austin American-Statesman ^ | September 20, 2017 | Ben Wear
    The southern, privately built section of Texas 130, which has been an obstacle course of bumps and cracks since shortly after its October 2012 opening, will see $60 million of pavement repairs over the next year in 35 spots between Mustang Ridge and Seguin. Crews in many cases will be removing five feet or more of the roadís ďsub-base,Ē the treated and compacted soil layers that underlie the highwayís asphalt driving surface, replacing it with soil with different, stronger properties, and then repaving those rehabilitated sections. Some repairs will also include installation of impermeable layers of soil alongside the road...
  • A $9 Billion Highway That Promises to Pay for Itself

    10/10/2017 5:17:00 AM PDT · by Tolerance Sucks Rocks · 35 replies
    Citylab ^ | September 26, 2017 | Andrew Zaleski
    Last Thursday, Maryland Governor Larry Hogan unveiled a $9 billion project to widen three of the stateís most heavily trafficked highways: I-270, I-495óalso known as the Capital Beltwayóand MD-295, the Baltimore-Washington Parkway. What the governorís office dubbed the Traffic Relief Plan involves constructing two express toll lanes each wayóor four total toll lanesóto all three highways. Widening the Capital Beltway and the section of I-270 connecting the growing commuter-city of Frederick to Washington, D.C., would cost an estimated $7.6 billion, which the state expects to be financed via public-private partnerships: Private companies would build and maintain the new toll lanes,...
  • Unlocking billions of dollars of infrastructure funding capacity

    09/28/2017 5:32:33 AM PDT · by Tolerance Sucks Rocks · 16 replies
    The Washington Times ^ | September 13, 2017 | Charles "Skip" Stitt
    The nationís approach to managing public infrastructure is often inefficient. Best practices, such as life-cycle asset management and preventive maintenance, are rarely a priority. We can, however, unlock billions of dollars of infrastructure funding capacity now trapped in existing assets by improving how we build, operate and finance infrastructure. While experts discuss the size and urgency of our infrastructure needs, the debates focus on how to pay for new infrastructure. The Trump administration has identified public-private partnerships (P3) as a primary strategy. A majority of states and D.C. have statutes allowing P3s. Other countries have also adopted P3s as a...
  • Trump's Infrastructure Plan Is Actually Pence'sóAnd It's All About Privatization

    09/28/2017 4:28:56 AM PDT · by Tolerance Sucks Rocks · 13 replies
    Newsweek ^ | September 4, 2017 | Lydia O'Neal and David Sirota
    President Donald Trumpís $1 trillion plan to rebuild Americaís infrastructure may be unprecedented in size and ambition, but it mimics a controversial scheme championed by Vice President Mike Pence when he was the governor of Indiana. Thatís why Pence is the public face of the Trump initiative, and executives from financial firms that helped privatize Indianaís toll road are in the White House, busily sculpting Trumpís national plan. Pence and his allies like to boast about how Indiana sold control of major roads to private firms, claiming the move prompted corporations to invest money in infrastructure that would otherwise have...