The House passed the $819 billion stimulus last night. The final version contains some amendments that affect the (tiny) infrastructure-investment part of the bill. Two amendments are good, though not good enough to outweigh the fact that only fiv Read More
Tag: Infrastructure
In the waning days of the asset and credit mania, Macquarie and Cintra paid the state of Indiana $3.85 billion upfront for the right to run the Indiana Toll Road for 75 years and collect all of the toll revenues. The concession company that Macqu Read More
People worried about the state of America's infrastructure haven't received the House stimulus bill very warmly. After political promises of bold, smart investments in physical assets, a $40 billion allocation for transportation and transit in an $8 Read More
Congratulations to President Obama! One of the new president's first tasks will be figuring out how to get Congress to fix the stimulus bill that the House proposed last week. In its current form, the bill won't do much for road and rail infras Read More
Australia's Macquarie, along with Spain's Cintra, was the global pioneer of large-scale private-public partnerships (PPPs) in transportation infrastructure. American states and Read More
Data point #1. Metropolitan Transportation Authority executive director Elliot Sander and the authority's board members attracted more than 600 people to their marathon six-and-a-half-hour fare-hike and service-cut hearing in Manh Read More
Over at NY Public Payroll Watch, E.J. McMahon Gov. Paterson and others for allowing the state-run Metropolitan Transportation Authority to abdicate one of its main responsibilities -- negotiating a better contract with the New York City local Tr Read More
Of next year's expected $700 billion federal infrastructure stimulus package, New York state likely will get $4 billion for mass transit, with most of that money going toward city projects, including a second station on the planned extension westwa Read More