House Passes Fiscal 2021 Transportation Funding Bill
A package of fiscal 2021 appropriations bills that included the Transportation, and Housing and Urban Development, and Related Agencies measure recently passed the U.S. House of Representatives. The Senate has yet to consider its legislative version. The House bill, which received a 217-197 vote, would provide the Federal Motor Carrier Safety Administration $881 million for its operations. The proposed allocation would be a $202 million increase from the fiscal 2020-enacted level, and $179 mi...
Murphy Administration announces $161 million in FY21 County Aid
Funds will help make infrastructure improvements on the local level (Trenton) –New Jersey Department of Transportation (NJDOT)Commissioner Diane Gutierrez-Scaccetti today announced the release of $161.25 million in Fiscal Year 2021County Aid grants to help make infrastructure improvements...
FHWA Issues DBE Grants for Highway Contract Help
The Federal Highway Administration issued $11.2 million in grants from the Fiscal Year 2019 Disadvantaged Business Enterprise/Supportive Services (DBE/SS) program to help eligible operations compete for federal highway contracts in 47 states, as well as the District of Columbia, and Puerto Rico. [Above photo by the Ohio DOT.] The agency noted that DBEs are defined as for-profit, small businesses owned by minorities, women, or other “socially and economically disadvantaged individuals” or,...
Pritzker administration announces $250 Million in infrastructure grants to Illinois counties, municipalities and townships
Grants funded by Gov.Pritzker’s bipartisan Rebuild Illinois capital plan SPRINGFIELD– Gov.JB Pritzker and the Illinois Department of Transportation today announced the second of six $250 million grantstocounties, municipalities and townships to address local transportation needs. Made possible thanks to the bipartisan Rebuild Illinois capital plan,the first infrastructure program in Illinois in nearly a decade and the largest in state history,the funding ensures continued investment in Illino...
U.S. Department of Transportation Announces Availability of $225 Million for Transit Pilot Program
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced the availability $225 million in grant funding through the Expedited Project Delivery Pilot Program. $100 million of the grant funding is currently available for allocation. The program aims to achieve faster delivery of new transit capital projects. A Notice of Funding Opportunity (NOFO) appears in the Federal Register. "This innovative pilot program will expedite transportation infrastr...
U.S. Department of Transportation Announces $11.2 Million in Grants for Minority- and Women-Owned Businesses
WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced $11.2 million in grants from the Fiscal Year 2019 Disadvantaged Business Enterprise/Supportive Services (DBE/SS) program to help eligible small businesses compete for federal highway contracts in 47 states, as well as Washington, D.C., and Puerto Rico. “Grants like these help small business owners create jobs while keeping costs low, which is a powerful way to help strengthen the America...
U.S. Department of Transportation Announces $47.5 Million in Grant Awards to Select Projects Nationwide to Improve Passenger Ferry Service
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced approximately $47.5 million in grant awards to selected projects nationwide to improve access, safety, and reliability of America’s ferries and their passengers. A total of 12 projects in 12 states will receive funding from FTA’s Passenger Ferry Grant Program. "This $47.5 million in federal funding will improve mobility and enhance safety for passenger ferry services across our nation," s...
AASHTO, Industry Letters Highlights Immediate Fiscal Need of State DOTs
The American Association of State Highway and Transportation Officials urged in a July 20 letter to Congressional leadership that state departments of transportation across the country need an “immediate infusion” of at least $37 billion to prevent disruptions to planned transportation proje...
Illinois rolls out $3 billion transportation plan
Illinois officials rolled out a $3.15 billion transportation plan Tuesday, the second year of transportation projects funded in part with higher state gasoline taxes. But with the announcement of transportation projects for the upcoming fiscal year, there was a warning about the effect of the coronavirus pandemic on transportation projects. With stay at home orders and businesses being forced to close, people will travel less and less money will be generated through the state’s gasoline tax....
Battery Storage, Smart Grid, and Efficiency Companies Raise $858 Million in VC Funding in 1H 2020, Reports Mercom Capital Group
Funding into Battery Storage and Efficiency companies was down in the first half of 2020 Austin, Texas - Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the second quarter (Q2) and first half (1H) of 2020. To get a copy of the report, visit: https://mercomcapital.com/product/1h-q2-2020-funding-ma...