Earlier today, President Barack Obama released his approximately $4 trillion budget proposal for Fiscal Year 2016, which begins on October 1 of this year. While the President’s proposed budget covers everything from defense to diseases, he has included a particularly ambitious proposal for transportation.
The President’s proposed budget provides $94.7 billion in funding for the Department of Transportation (US DOT), covering infrastructure development and safety enhancement in highways and bridges, transit, railroads, and aviation. The President is proposing a ...
Congress passed a bill (HR 5021) to provide a short-term funding patch for the Highway Trust Fund (HTF), just one day before the United States Department of Transportation was scheduled to begin slowing reimbursements to states for eligible highway, bridge, and mass transit projects. A failure to act by Congress had the potential to slow-down or stop any number of transportation construction projects across the country in the midst of the construction season.
After volleying the bill back and forth between the chambers over the course of this week, Congress passed a final bill that ...
Nossaman’s 30-plus infrastructure attorneys offer clients, colleagues, strategic partners and industry media a wealth of practical experience, insider insight and thoughtful analysis here on Infra Insight. We blog about what we know best, from industry-leading procurements to local and national policy developments that affect the market and our clients.
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