Governor Pete Rickets followed through on a promise to rethink infrastructure delivery in Nebraska. Signing LB 960, the Transportation Innovation Act, into law, Nebraska is poised to clear its backlog of highway development in the state. The new law passed unanimously in mid-April.
The Transportation Innovation Act reserved $50 million of Nebraska’s cash reserve and allocated approximately $400 million of gas tax revenue to the end of completing a 132-mile portion of an envisioned 600 mile expressway system within the State by 2033. New tools available to the Nebraska ...
Wrapping up the 2013 P3 awards season, East End Crossing won the Projects Grand Prize as well as the Gold Prize for best P3 road project at the Partnerships Bulletin awards ceremony Thursday night at the Park Lane Hotel in London. The toll bridge availability payment project in southern Indiana, USA, was the top winner among 7 other P3 projects nominated from around the world. Attended by over 700 of the leading industry participants, the project was recognized for its innovative financing structure and well run procurement process.
Connecting Kentucky and Indiana over the Ohio ...
On March 7, Project Finance Magazine held its annual Project Finance Americas Deals of the Year awards dinner in New York City. The awards – which started 14 years ago – are for innovation, deal repeatability, best practice, problem solving, value for money and speed of delivery in the financing of infrastructure projects. Two public-private partnership projects – one on the East coast and one on the West coast – received honors at this year’s dinner.
The award for 2012 North America Toll Road Deal of the Year was given to the Midtown Tunnel project located in the Hampton Roads ...
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