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Archive for the ‘Funding’ Category

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Guest on The Infra Blog: Andrew Curtis Right, Executive Director, Build America Transportation Investment Center (BATIC)

Wednesday, November 18th, 2015
Andrew Curtis Right, Executive Director, BATIC

Andrew Curtis Right is Counselor to the U.S. Secretary of Transportation and Executive Director of the Build America Transportation Investment Center. The Build America Transportation Investment Center serves as the single point of contact and coordination for states, municipalities and project sponsors looking to utilize federal transportation expertise, apply for federal transportation credit programs and explore ways to access private capital in public private partnerships.

“If you’re going to build a road today you’ve got to bid out the contract, and someone has to pay for it. And in the past the money has typically come from the Highway Trust Fund, or from the federal government, or from state and local taxes, et cetera. Going forward, the issue is a P3 really involves a different layer of procuring and risk sharing, and effectively of financing, where the state or the municipality or the sponsor doesn’t have to pay up front as part of a contract…”

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SURPRISE! The World Trade Center Rebuilding Pays Off for the Port Authority – and the Region

Friday, November 6th, 2015
World Trade Center 1: Interior

NEW YORK UNIVERSITY
RUDIN CENTER FOR TRANSPORTATION
Much work remains to be done, and the project still entails considerable risks, for the PA, SPI, and Westfield, the company that controls the World Trade Center’s retail space. But the outlook for the World Trade Center is brighter now than it has been at any time since the twin towers fell. Therefore, it seems like an appropriate time to test the conventional wisdom and more rigorously analyze the question, “Was the redevelopment of the World Trade Center a worthy investment for the PA?”

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Beyond Repair? America’s Infrastructure Crisis Is Local

Friday, October 30th, 2015
Figure 1. Federal Aid vs. Nonfederal Aid Mileage

MANHATTAN INSTITUTE FOR POLICY RESEARCH
While states own a large portion of highly traveled roads, such as interstate highways, local governments are responsible for the majority of roadway mileage. Counties and municipalities, including minor civil divisions such as townships, are responsible for 3.1 million miles of roads and streets. Only 430,000 miles (14 percent) of these are part of the federal aid system. The remaining 2.7 million (86 percent) are nonfederal aid. By contrast, 72 percent of the 780,000 miles of state-owned roads are in the federal aid system (Figure 1).

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Peak Energy Demand Reduction Strategy

Tuesday, October 27th, 2015
Table 1.1 Massachusetts Peak Demand Benefit/Cost: 2014

After launching a project assessing peak demand and demand response (DR) standards at the state level, Advanced Energy Economy (AEE) discovered that no currently existing study examined existing DR programs or made recommendations on best practices for structuring a DR/peak demand initiative. AEE engaged Navigant to perform quantitative and qualitative analysis in order to gain an understanding of peak demand reduction standards, their potential benefits, and how such standards should be designed.

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Rhode Island: The Economic Impact of RhodeWorks

Monday, October 19th, 2015
Scenario Key:

RHODE ISLAND DEPARTMENT OF REVENUEREGIONAL ECONOMIC MODELS, INC. Executive Summary Rhode Island ranks last in the nation for overall bridge condition. The RhodeWorks accelerated transportation plan seeks to achieve a goal of 90% structurally sufficient bridges, the federally mandated minimum, by 2025, with the intention of improving safety, making Rhode Island more attractive for businesses […]

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States’ Role in Solving a National Crisis

Thursday, October 15th, 2015

Written by Patrick Jones
Over the last couple of years, a new group of players has burst onto the scene with the local knowledge and sense of urgency to break the financial deadlock behind our nation’s infrastructure crisis. With Congress still considering how to pay for a possible short-term or long-term highway transportation funding bill, it’s becoming ever clearer that regional and state governments hold the key to a tough problem that pits the value we attach to mobility against lingering resistance to paying for the services we need.

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Shared Solar: Current Landscape, Market Potential, and the Impact of Federal Securities Regulation

Wednesday, October 14th, 2015
Figure ES-1. Estimated PV market potential of onsite and shared solar distributed PV capacity

NATIONAL RENEWABLE ENERGY LABORATORY
This report provides a high-level overview of the current U.S. shared solar landscape and the impact that a given shared solar program’s structure has on requiring federal securities oversight, as well as an estimate of market potential for U.S. shared solar deployment. Shared solar models allocate the electricity of a jointly owned or leased system to offset individual consumers’ electricity bills, allowing multiple energy consumers to share the benefits of a single solar array. Despite tremendous growth in the U.S. solar market over the last decade, existing business models and regulatory environments have not been designed to provide access to a significant portion of potential PV system customers.

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Innovative Financing Helps Universities Grow

Tuesday, October 13th, 2015
Texas A&M University Campus - Photo by Texas A&M University

Texas A&M University recently announced plans to expand its student housing capacity by more than 3,400 beds with a unique agreement between public and private partners worth over $360 million. The announcement is similar to dozens just like it throughout the country. Student housing on university campuses is an extremely large, growing marketplace and most of the new projects are collaborative efforts called public-private partnerships (P3s).

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Multi-year Highway Bill Facing Continued Uncertainties

Thursday, October 8th, 2015

Innovation Newsbriefs
Vol. 26, No. 7 (update)
Those who have hoped to see an end to the seemingly endless series of short-term extensions and looked forward to a passage of the long- awaited multi-year transportation bill this year, may have to wait a bit longer. While the Senate has managed to pass its version of a six year bill (though only with enough funding for three years and employing questionable “pay-fors.”) the House Transportation and Infrastructure committee is still waiting to hear from the Ways and Means Committee concerning the funding of its proposed bill, an issue that threatens to delay committee markup and floor action past mid- October according to congressional sources.

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Guest on The Infra Blog: Johan Henriksson, Executive Vice President, Skanska Infrastructure Development

Wednesday, October 7th, 2015

Johan Henriksson was recently appointed Executive Vice President of Skanska Infrastructure Development…In May 2015, Skanska and its LaGuardia Gateway Partners team were selected as the preferred bidder to work with the Port Authority of New York and New Jersey to redevelop LaGuardia Airport’s Central Terminal Building. The company is also working on the I-4 Ultimate Project in Orlando, which is currently the largest transportation project underway in Florida, and theElizabeth River Tunnels project underneath the Elizabeth River in Virginia.

“The PPP Structure I think is a very good solution for many projects…it’s about, I think, daring to look outside the box here and trying to look at new potential solutions to solve old problems, and not always using the same old tools that have always been used, the public financing.”

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