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Archive for the ‘Private Investment’ Category

‘No silver bullet … just a lot of silver BBs’

Wednesday, May 24th, 2017

“There is no silver bullet, just a lot of silver BBs.” That’s how U.S. Sen. Benjamin Cardin described the conundrum facing state and local government leaders dealing with funding shortfalls. At a Tuesday congressional hearing on leveraging federal transportation funding, panelists explained that transportation needs can’t be solved by placing all responsibility on state and local governmental entities. There is agreement that transportation officials need funding options just to maintain the current transportation infrastructure, but state and local leaders are arguing for continued investment from the federal government as well.

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Guest on The Infra Blog: Anthony B. Bouchard, PE, North America Unit President, CDM Smith

Monday, May 22nd, 2017

“We’re seeing, over the course of my career, the last 30-plus years, a significant improvement in the public’s understanding of the state of our infrastructure. Does it accelerate that understanding when we have some significant, real and perceived, failures of systems? I think it does. It’s unfortunate that that has to occur to help educate, but when that does happen we’re offered a unique opportunity to expand on the work that’s done…My opinion is continued education and communication on the importance and value of infrastructure is critically important, and we can do that by engaging more people in the infrastructure discussion.”

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It’s Time To Build

Thursday, May 18th, 2017
Infrastructure Week 2017

In Washington and across the country, there is a growing consensus that it’s time to rebuild America. Few investments would have a greater positive impact on our economy than infrastructure modernization—especially on small and midsize businesses that rely on efficient transportation of goods and reliable access to customers. For businesses, communities, and families, the economic benefit of modernization will be profound. It’s time to get it done. We must not let this moment pass us by.

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Watch Live: Infrastructure Week 2017 Opening Event

Monday, May 15th, 2017
Watch Live: Infrastructure Week 2017 Opening Event

WATCH LIVE: U.S. Secretary of Transportation Elaine Chao discusses the importance of infrastructure to the U.S. economy.

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Guest on The Infra Blog: Patrick J. Foye, Executive Director, The Port Authority of New York and New Jersey

Wednesday, May 3rd, 2017
Patrick J. Foye on The Infra Blog

“Interesting fact: two thirds of the people that used to travel between Washington and New York used to travel by the shuttle, by air, and a third by rail; and now the numbers are reversed: it’s two thirds by Amtrak or other regional rail and a third by air, and I think that speaks to the resurgence in rail. And I think also increasing numbers of travelers are interested in being responsible commuters, whether it’s a trip across the Hudson or a trip to Washington, and I think that influences their choice of commute and travel as well.”

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Public-private partnerships – happening even in small cities, rural areas of the country

Wednesday, March 8th, 2017
Countryside on US 9 north of Red Hook, NY, USA, by Daniel Cooke - Original: https://commons.wikimedia.org/wiki/File:US_9_north_of_Red_Hook,_NY.jpg

…there’s not much news about P3s in smaller cities or in rural areas. That is about to change. As public officials in less populated parts of the country lament that the projects they need to launch are not large enough to capture the attention of investors or experienced contracting partners, some of their counterparts are forging ahead.

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Practicality of Private Sector Funded Infrastructure

Monday, February 6th, 2017
Figure 1: Urban Share of Total Vehicle and Total Lane Miles (1980-2014)

Modernizing America’s infrastructure is a key plank in the next Administration’s economic platform, and transportation infrastructure should be central to this effort. The case can be made that American roadways are inadequate, even as there are more vehicles on the road than ever. The consequence is congested roads and poor road quality. However, President Trump’s plan relies heavily on private sector finance; specifically leveraging less than $200 billion in federal funds for $800 billion in private funds. (Then-candidate Hillary Clinton similarly proposed establishing an infrastructure bank involving the private sector.) Is it feasible to modernize the surface transportation network without greater taxpayer involvement?

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Airport modernization – next big wave of infrastructure Projects

Wednesday, February 1st, 2017
Tom Bradley Terminal, by Prayitno on Flickr - https://creativecommons.org/licenses/by/2.0/

Operational inefficiencies, passenger congestion, limited retail, access in and out of terminals and the negative passenger experience found in almost every U.S. airport is the result of outdated design, increasingly high demand, a lack of funding investment and a tendency to reject the concept of collaborating with private-sector experts. That, however, is changing.

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Corporate Sourcing of Renewable Energy

Friday, January 20th, 2017
Corporate Sourcing of Renewable Energy

Experts discuss benefits and challenges of corporate sourcing of renewable energy.

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Airport collaborative redevelopment proposal could leverage $7 billion in private investment

Wednesday, January 11th, 2017
JFK International Airport - Photo by Joe Mabel

Written by Mary Scott Nabers President and CEO, Strategic Partnerships Inc. Hampered by outdated systems and infrastructure in need of repair, the John F. Kennedy International Airport in New York City has found a friend in New York Gov. Andrew Cuomo. The forward-thinking governor this week announced his $10 billion plan to redevelop the JFK […]

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