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97%  
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Keyword: ppp

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  • 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. “We 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 state’s 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. — A month after Maryland Gov. Larry Hogan introduced it, Maryland’s 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.“We have to recognize we have problem. It’s a multifaceted problem, and we have to come up with multifaceted solutions,” Rahn told members of the Montgomery County Council’s 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 Arkansas’ 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 project’s 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...
  • Hogan’s 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 Hogan’s 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. Hogan’s $9 billion plan would add four toll lanes each to Maryland’s 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 Trump—like his opponent Hillary Clinton—spoke glowingly about infrastructure spending, alluding to Franklin Roosevelt’s Works Progress Administration and Dwight Eisenhower’s 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 America’s infrastructure an overall grade of D+, estimating it would cost more than $4 trillion to upgrade properly. But President Trump’s $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. And—shenanigans from the governor's office notwithstanding—their 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 road’s “sub-base,” the treated and compacted soil layers that underlie the highway’s 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 state’s most heavily trafficked highways: I-270, I-495—also known as the Capital Beltway—and MD-295, the Baltimore-Washington Parkway. What the governor’s office dubbed the Traffic Relief Plan involves constructing two express toll lanes each way—or four total toll lanes—to 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 nation’s 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's—And 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 Trump’s $1 trillion plan to rebuild America’s 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. That’s why Pence is the public face of the Trump initiative, and executives from financial firms that helped privatize Indiana’s toll road are in the White House, busily sculpting Trump’s 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...
  • Uncertainty over Trump infrastructure plan jeopardizes transit projects, jobs

    09/22/2017 10:14:35 PM PDT · by Tolerance Sucks Rocks · 16 replies
    The Chicago Tribune ^ | June 9, 2017 | Damian Paletta and Mike Debonis (WaPost)
    Dozens of public transit projects around the country are in danger of stalling as the White House's plan to boost U.S. infrastructure fails to gain momentum - with thousands of jobs at risk. The uncertainty over these projects has worsened in recent days as President Donald Trump - who had vowed to make the week's focus infrastructure - faced a series of distractions, including a congressional hearing featuring former FBI director James Comey. The president, who had called for $1 trillion in new infrastructure programs to create millions of jobs, now faces an increasing probability that not only will his...
  • Transportation Funding: Why It’s Still Toll Roads Versus Public Transit

    09/21/2017 11:08:05 PM PDT · by Tolerance Sucks Rocks · 7 replies
    EfficientGov ^ | September 20, 2017 | Andrea Fox
    Is fighting sprawl still a goal for those who decide the fate of transportation funding at the federal, state and local levels?Transportation planning is deeply connected to economic development, but there in any agreement about transportation funding among government leaders often ends.Parag Khanna, a senior public policy analyst in Singapore and author of “Connectography: Mapping the Future of Global Civilization,” summarized the political divide over transportation planning like this: “America is increasingly divided not between red states and blue states, but between connected hubs and disconnected backwaters.”But division that stymies transportation planning goes further. Government leaders have always been divided...
  • Maryland Gov. Larry Hogan proposes widening the Beltway and I-270 to include 4 toll lanes

    09/21/2017 8:13:26 PM PDT · by Tolerance Sucks Rocks · 28 replies
    The Washington Post ^ | September 21, 2017 | Robert McCartney, Faiz Siddiqui and Ovetta Wiggins
    Maryland Gov. Larry Hogan (R) on Thursday proposed a $9 billion plan to widen three of the state’s most congested highways — the Capital Beltway, Interstate 270 and the Baltimore-Washington Parkway — in what he said would include the largest public-private partnership for highways in North America. The projects would add four toll lanes each to Maryland’s portion of the Capital Beltway (I-495) and to I-270 from the Beltway to Frederick. It would also widen the Baltimore-Washington Parkway (MD 295) by four toll lanes after taking over ownership from the federal government. Because of private-sector involvement, Hogan said, the plan would...
  • How to pay for billion-dollar I-10 Bridge as Alabama turns to private sector

    09/15/2017 12:13:36 PM PDT · by Tolerance Sucks Rocks · 14 replies
    AL.com ^ | August 28, 2017 | John Sharp
    With public funding options limited, Alabama transportation officials are turning to the private sector for advice and creative solutions in paying for the massive Interstate 10 overhaul in coastal Alabama.John Cooper, director of the Alabama Department of Transportation, said Monday that state officials were interested in learning more about project plans from approximately 400 private sector attendees during the two-day Industry Forum at the Arthur R. Outlaw Mobile Convention Center.That includes financing, which remains the biggest hurdle toward moving the project forward in the next year. At this point, no options have been settled including whether to institute tolls to...
  • Interchange project expected to trigger economic boom for Pocatello area

    08/25/2017 7:18:36 AM PDT · by Tolerance Sucks Rocks · 6 replies
    The Idaho State Journal ^ | August 16, 2017 | Shelbie Harris
    Local entities involved in the proposed Interstate 15 Siphon Road interchange signed off this week on plans to start construction on a project expected to dramatically increase the Pocatello area’s population and greatly improve the local economy. Those behind the effort to build the interchange say that with its construction, the area north of Pocatello and Chubbuck will see massive development in the future, including a technology park employing thousands of people, shopping centers, dozens of new neighborhoods, parks, trails and even new concert venues. But before such unheralded growth can occur, the interchange needs to be built. While the...
  • I-49 bridge toll feasibility study up in the air

    08/23/2017 11:12:55 AM PDT · by Tolerance Sucks Rocks · 3 replies
    The Fort Smith Times Record ^ | August 20, 2017 | John Lovett
    A toll feasibility study is up in the air for the future Interstate 49 bridge over the Arkansas River with extensions connecting Arkansas 22 to Interstate 40 at Alma. Following approval last year of $10 million in I-49 project development, the Arkansas Department of Transportation solicited bids for a consultant to conduct an I-49 toll feasibility study. They are currently in a negotiation phase, according to ArDOT District 4 Construction Engineer Jason Hughey. ArDOT selected HNTB on June 23 to conduct the “I-49 Alternative Delivery Study.” The negotiations are over the scope of work and process has been “fluid,” ArDOT...
  • It's official: State takes over I-69 Section 5 project

    08/21/2017 1:10:38 AM PDT · by Tolerance Sucks Rocks · 12 replies
    The Bloomington Herald-Times ^ | August 15, 2017 | Michael Reschke
    The state has officially taken over the Interstate 69 Section 5 project from I-69 Development Partners.The Indiana Finance Authority announced it had reached an agreement with the private developer in June to take over construction, operation and maintenance of the project after several delays in the completion schedule. To officially take control of the project, the Indiana State Budget Committee had to approve the plans. Additionally, all parties had to endorse a settlement agreement and bondholders had to be paid in full.The finance authority announced Monday it had completed the settlement transaction to terminate the contract with I-69 Development Partners...