John Hennessy III,
P.E.
That improvements to passenger rail, public transit, bridges, rural roads and interstates are needed is not up for debate. In 2017, the American Society of Civil Engineers (ASCE) informed all of America that our infrastructure was graded at a D+. This included multiple systems, but largely surface transportation. President Trump, early on, made infrastructure investment […]
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The United States now needs another stimulus. A COVID-19 recession is all but certain. Additional spending will almost certainly follow the CARES Act approved by Congress in late March. While there are enormous needs for relief and support all across the economy, the president and many congressional leaders have indicated that they want infrastructure to be a major part of some future stimulus bill. If Congress wants to use infrastructure spending to create jobs and support recovery, we should learn from the previous stimulus.
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In Miami-Dade County, one of three counties that comprise the teeming Miami metropolitan region, the interstate system, heavily traveled expressways, electronic toll lanes and express buses provide a matrix of connectivity, but the cost of better infrastructure, streamlining public transit to propel ridership, and the need for federal support are foremost.
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In November 2016 voters in Los Angeles County approved a ½ cent sales tax increase to finance transportation called Measure M. Formally titled the “Los Angeles County Traffic Improvement Plan,” Measure M was proposed by the Los Angeles County Metropolitan Transportation Authority (LA Metro) and on Election Day won resoundingly, with 71.15 percent of the vote. Measure M’s passage marked the fourth time since 1980, and the second time since 2008, that LA County voters approved a sales tax increase to finance transportation. The measure is expected to generate $120 billion over forty years to fund 50 transportation projects.
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We’ve built a platform that we hope allows a broader spectrum of investors to access infrastructure investment directly, and on the flipside, allow those that require financing for infrastructure to tap into a broader pool of investors…By giving direct access, by putting the investor as close as possible to the underlying asset, stripping out intermediaries, we hope to be able to pass on a greater share of the returns from the asset to the ultimate investor.
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This article first appeared in the Opinion section of the New York Times. View original. Written by Dr. Leonard S. Schleifer Just a few miles from my office sits the Mario Cuomo Bridge, crossing a critical expanse of the Hudson River. The new bridge, which required a $4 billion investment, is a major improvement over the previous […]
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The nation is falling behind when it comes to the condition of our roads. Between 2009 and 2017, the percentage of the roads nationwide in poor condition increased from 14 to 20 percent. The percentage of roads in “good condition” increased only slightly: from 36 to 38 percent over that eight-year period.
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Written by Mary Scott Nabers President and CEO, Strategic Partnerships Inc. As Congressional leaders in Washington debate an infrastructure bill, elected officials at the state and local levels of government are not waiting…they have been moving ahead for the last two years. In many states, collaborative initiatives have been launched to repair aging infrastructure, install […]
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Solutions to fix and sustainably grow the Highway Trust Fund (HTF) and modernize the nation’s infrastructure are needed now, says American Council of Engineering Companies (ACEC) President and CEO Linda Bauer Darr in the newest podcast from the Americans for Transportation Mobility (ATM) Coalition.
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It is time for Congress to implement a national road user charge (RUC) system to pay for the nation’s surface transportation system. As the congressionally mandated National Surface Transportation Infrastructure Commission stated in its final report to Congress, the ideal funding “framework should cause users and direct beneficiaries to bear the full cost of using the transportation system to the greatest extent possible.”
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