USDOT Announces $302.6 Million in ‘State of Good Repair’ Grants
WASHINGTON – The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today announced the recipients of more than $302 million in grant funds under the Federal-State Partnership for State of Good Repair Program (Partnership Program) to help repair and rehabilitate railroad infrastructure across the country. The grants will fund 12 projects in nine states. “This $302.6 million federal investment will upgrade rail infrastructure and enhance safety on the tracks and at railr...
Oklahoma Turnpike Authority Receives $120M Build America Loan
The U.S. Department of Transportation’s Build America Bureau is providing up to a $120.1 million Transportation Infrastructure Finance and Innovation Act or TIFIA loan to the Oklahoma Turnpike Authority to help finance the Gilcrease Expressway West project. [Above photo by the Ohio Turnpike Authority.] That project consists of a five-mile four-lane divided tollway that includes 22 bridges – two of which span the Arkansas River – four major interchanges, and a 10-foot-wide multi-use trail....
U.S. Department of Transportation Announces up to a $120.1 Million Loan for the Gilcrease Expressway West Project in Tulsa, OK
WASHINGTON – U.S. Transportation Secretary Elaine L. Chao today announced that the U.S. Department of Transportation’s Build America Bureau (the Bureau) will provide up to a $120.1 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Oklahoma Turnpike Authority (OTA) to help finance the Gilcrease Expressway West Project in Oklahoma. “This $120.1 million federal investment in the Gilcrease Expressway reflects the President’s continued emphasis on infrastructure...
U.S. Secretary of Energy Dan Brouillette Announces $3,844,215 for Small Business Research and Development Grants in Colorado
WASHINGTON, D.C. –U.S. Secretary of Energy Dan Brouillette today announced that the Department of Energy (DOE) will award 256 grants totaling $53 million to 211 small businesses in 35 states and the District of Columbia. These awards include 18 in Colorado totaling $3,844,215. Funded through DOE’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, today’s selections are for Phase I research and development. “A cornerstone of the American economy,...
Hill International Continues Work as Leader of International Consortium for Infrastructure Projects in the Western Balkans
PHILADELPHIA and BELGRADE, Serbia - Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has signed a contract extending the budget of its ongoing assignment providing technical assistance services to the European Investment Bank (EIB) for the implementation of the Infrastructure Project Facility 7 (IPF7) in the Western Balkans. In 2018, Hill began leading a consortium of international companies in the implementation of the IPF7, financed by...
DART gets $229M in Cares Act funds
Dallas Area Rapid Transit (DART) has received notification that it has been allocated $229 million from The Coronavirus Aid, Relief, and Economic Security (CARES) Act, enacted on March 27. Funding from the CARES Act allows access to valuable financial resources in the battle to respond to the COVID-19 pandemic. DART has continued through the pandemic to provide bus, light rail, paratransit, streetcar, police and Trinity Railway Express transit service to ensure North Texans have access to...
The U.S. & Europe Automatic Toll Payment Machine Market to Reach $101.5 Million, by 2027 Allied Market Research
Surge in demand for efficient traffic management at toll collection centers, and increase in need for improvement in parking infrastructure drive the growth of the U.S. & Europe automatic toll payment machine market. Portland, OR, May 19, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the U.S. & Europe automatic toll payment machine industry was estimated at $63.9 million in 2019 and is expected to hit $101.5 million by 2027, registering a CAGR of 5.7...
Engineering Firm Leaders Now Believe “Back to Normal” will take 12-18 Months, ACEC Business Impact Survey Shows
Washington, DC - More U.S. engineering firm leaders now believe a “return to normal” for their businesses will take between 12-18 months, a significant increase compared to nearly a month ago, the latest ACEC Research Institute Business Impact Survey 6 reveals. “The sixth wave of the Business Impact Survey continues to see the engineering industry grapple with the effects of the pandemic with a greater number of firm leaders feeling less optimistic about a quick return to normal for their bus...
USDOT Provides $500M Loan to Port of Long Beach
The U.S. Department of Transportation’s Build America Bureau said on May 4 it will provide a Transportation Infrastructure Finance and Innovation Act or TIFIA loan to the Port of Long Beach for up to $500 million to help finance construction of the Gerald Desmond Bridge Replacement Project, which is located at the Port of Long Beach at the southern end of State Route 710 in Los Angeles County. [Above photo by the Port of Long Beach.] The USDOT said this $500 million loan will replace a $32...
U.S. Department of Transportation Announces More Than $22 Million in Grants to Restore and Enhance Intercity Passenger Rail Network
U.S Department of Transportation Office of Public Affairs 1200 New Jersey Avenue, SE Washington, DC 20590 www.transportation.gov/briefingroom News WASHINGTON – The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today announced more than $22 million in grant funding to three projects that collectively span eight states. Funding is provided through FRA’s Restoration and Enhancement (R&E) Grants Program to initiate, restore, or enhance intercity passenger rail service...