P3s

Four TEXpress Lanes Open on I-35 West in Fort Worth Ahead of Schedule

Four miles of the 10-mile North Tarrant Express project opened to motorists on April 5. The $1.6 billion project, built by a public-private partnership working with TxDOT, includes rebuilding general purpose and frontage road lanes.

April 9, 2018 - Fort Worth Star-Telegram

Construction of I–66 Toll Lanes Outside the Capital Beltway Begins this Weekend

Widening of Interstate 66 for 22.5 miles in Northern Virginia will accommodate two toll lanes in each direction, accessible to trucks. The $3.7 billion project, to be built by public-private partnership at no cost to the state, will open in 2022.

April 5, 2018 - WTOP

Freeway Construction

Public-Private Partnerships: Cost-Effective or Cash Cow?

Public-private partnerships between local governments and private contractors have the Trump Administration's favor. But in a "P3 market in its infancy," can they cut costs or simply line pockets?

June 27, 2017 - The New York Times

Donald Trump

Trump Looks to Saudis to Help Finance Infrastructure Plan

President Trump will take his first trip abroad on Friday to Saudi Arabia, where he hopes to secure a $40 billion investment for his $1 trillion infrastructure plan. At home, Trump's plan was rebuffed by Texas legislators.

May 16, 2017 - Bloomberg Politics

San Fernando Valley Pushes Metro to Address Transit Needs

Built for industry and known for sprawl, the Valley has long preserved its suburban geography. Now that its population is close to 40 percent of the city of Los Angeles, area leaders are speaking up for mass transit.

September 20, 2015 - The Planning Report

Texas Central High-Speed Railway Reaches Funding Milestone

The Dallas-to-Houston project will be the first operating high speed rail line in the United States when it opens in 2021. The project received $75 million in private funding, allowing planning for the project to advance.

July 26, 2015 - Houston Chronicle

'The Way Forward': What Would Expanded Public-Private Partnerships Look Like?

Robert Puentes and Bruce Katz call for expanded partnerships to build the infrastructure of the future. These new partnerships will require customization by sector and the development of new models for revenue and risk sharing.

July 11, 2014 - ReNew Canada

State Gas Taxes and P3s Fill Federal Transportation Revenue Void

Beginning last year, states increased gas taxes and entered public-private partnerships, as are some cities. But it's not an easy haul for cities nor states, and Congress has yet to agree how to furnish sufficient revenue to match current spending.

April 7, 2014 - The Wall Street Journal - U.S.

P3 to Repair 500 Bridges in Pennsylvania

The Pennsylvania P3 Act was approved in 2012 to help fund the cost of repairing and maintaining the state’s structurally deficient bridges. PennDOT has recently expanded its goals for the program—to 500 bridge repair projects.

January 31, 2014 - Governing

In Absence of Gas Tax Increases, States Look to Tolls

States are increasingly looking to alternative transportation revenue sources due to the failure of state and federal gas taxes to keep up with inflation and transportation needs. More states are turning toward tolling to make up the gap.

November 13, 2013 - Stateline

Tappan Zee Scores Largest Ever TIFIA Loan, But How Will It Be Repaid?

New York State received good news on Oct. 31: A $1.6 billion loan has been approved toward the $4 billion replacement of the Tappan Zee Bridge. The remainder will be borrowed from the private sector. A commission will offer ways to repay the loans.

November 5, 2013 - The Buffalo News

Tolls are not Taxes, Rules Virginia's Supreme Court

They are fees, ruled the court on Oct. 31, overturning a May 1, Portsmouth circuit judge ruling in a major victory for both tolling and public-private partnerships. It allows tolls to fund the Elizabeth River Crossings, VDOT's P3 tunnels project.

November 4, 2013 - Bloomberg

Public-Private Partnerships: Trick or Treat?

As localities increasingly pursue public-private partnerships to fund much-needed infrastructure projects, Ryan Holeywell explores the promise and pitfalls of this popular financing arrangement. Are dissenting voices being stifled?

October 31, 2013 - Governing

Can Maryland Pull Off Its Risky Purple Line Partnership?

To finance and construct a new $2.2 billion light rail line in the D.C. suburbs, Maryland will seek to enter into a unique private sector partnership. The ambitious strategy is drawing concern from lawmakers.

October 16, 2013 - The Washington Post

A Public-Private Partnership Primer

Sandy Apgar and Tony Canzoneri aim to clear up myths and misconceptions about PPPs (P3s), "the vehicle of choice to plan and execute many development projects that neither private nor public sector participants could perform on their own."

July 30, 2012 - Urban Land

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