Tag Archives: USDOT

Federal Maritime Funding Opportunity Prioritizes Innovative Project Delivery

Sponsors of critical maritime transportation projects received welcome news this week, as the U.S. Department of Transportation (“USDOT”) published a Notice of Funding Opportunity (“NOFO”) for America’s Marine Highway Projects. This notice makes available roughly $7 million in recently-appropriated funds for the Short Sea Transportation Program (46 U.S.C. § 55601), commonly referred to as America’s … Continue Reading

Past, Present, Future at P3 Bulletin’s Hub South Conference

The United States has the largest emerging public-private partnership (P3) market in the world for infrastructure projects. Due to decreased tax revenue and shrinking budgets, many state and local governments in the southern United States have embraced alternative methods of project delivery. Public entities in the southern United States boast some of the most extensive … Continue Reading

U.S. Senate Subcommittee to Hold Hearing on Innovative Solutions for Infrastructure

On Tuesday, May 16, 2017 the Senate’s Committee on Environment and Public Works Subcommittee on Transportation and Infrastructure will hold a hearing titled “Leveraging Federal Funding; Innovative Solutions for Infrastructure.” The stated purpose of the hearing is for Senators to examine the need for more public sector funding and private sector financing in the Federal … Continue Reading

U.S. Department of Transportation Solicits Project Applications for $850 Million in FASTLANE Grants

The U.S. Department of Transportation (USDOT) is calling for project applications for $850 million in transportation infrastructure grants, representing the second opportunity for funding from a program that has already received tremendous interest from public project sponsors and the infrastructure community. The grants, announced in a Notice of Funding Opportunity posted on the USDOT website … Continue Reading

AASHTO Launches BATIC Institute to Support Innovative Financing Solutions

Last month, the United States Department of Transportation (USDOT) formally unveiled its Build America Transportation Investment Center (BATIC).  BATIC’s mission is to: Expand the use of federal transportation credit programs; Innovate new approaches to project development processes and funding challenges and institutionalize technology and best practice across credit programs and modal teams; and Deliver streamlined … Continue Reading

President Releases 2016 Budget Proposal

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 … Continue Reading

House Transportation & Infrastructure Committee’s Panel on Public-Private Partnerships Release Recommendations

On September 17, the House Transportation & Infrastructure Committee’s Panel on Public-Private Partnerships (P3s) released its report and recommendations.  The group, empaneled in February of this year, was tasked with examining “issues regarding public-private partnerships across all aspects of the Committee’s jurisdiction.”  The panel held two hearings and seven roundtable discussions in addition to other … Continue Reading

USDOT Official Comments on P3s

Victor Mendez, Acting Deputy Secretary at the U.S. Department of Transportation, participated this morning in a Bloomberg Government panel entitled “America on the Move: Investing in U.S. Infrastructure.” In a wide-ranging discussion, he addressed the issue of long-term funding for U.S. infrastructure. He commented that there is a need for many funding options and we … Continue Reading

USDOT to Hire Director, Office of Infrastructure Finance and Innovation

The U.S. Department of Transportation is looking to hire a new Director of the Office of Infrastructure Finance and Innovation. The Office of Transportation Policy is responsible for recommending overall surface transportation policy initiatives to the Secretary as well as reviewing all proposed Department of Transportation (DOT) rulemakings, legislation, testimony and reports to Congress.  Additionally, the office is … Continue Reading
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