John Hennessy III,
P.E.
From PEI: Investors in infrastructure are looking for more sophisticated investments, many exploring a direct platform, co-investments or secondary positions. Entering into these large scale investments can be intimidating, particularly in the Americas where the opportunities are great but the deal flow is sluggish. In response to this, Infrastructure Investor: Americas returns to New York […]
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SPHERE CONSULTING
-Jointly public and private investment in infrastructure can create millions of jobs. The private sector is already largely responsible for designing, building, and financing our nation’s infrastructure and can do more.
-Over $250 bn of private capital has been raised, and some additional legislative and administrative changes could accelerate infrastructure projects and enhance funding.
-Private investment in infrastructure frees government dollars for allocation to other troubled areas of the economy and transfers risk away from the public partner to the private entity.
President Obama’s new $50 billion infrastructure initiative — part of his $447 billion American Jobs Act (AJA)—offered no surprises. It’s almost an exact replica of his FY 2012 budget request which included a sum of $50 billion for transportation to “jump start” a proposed $556 billion six-year surface transportation reauthorization.
View this complete post...Transportation Issues Daily SAFETEA-LU will be renewed for six months under a Senate-House agreement reached late Friday. Congress will likely vote on the deal within the week. See Deal would Prevent USDOT Shut Down for details. In addition to three great aspects of the proposed extension, there are three concerning elements: 1. The Highway Trust […]
View this complete post...Transportation Issues Daily The House draft appropriations bill (read the Subcommittee’s summary) was published late Wednesday and is scheduled to be acted on Thursday at 4pm (Eastern). The proposal reduces Amtrak operating subsidies by about 40%, provides zero funding for high-speed and intercity passenger rail capital grants, zero funding for a new TIGER program, and […]
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Laura Barrett is the Executive Director of the Transportation Equity Network and National Policy Director for the Gamaliel Foundation. She been a community organizer for more than 20 years. Laura previously worked as a Field Organizer for the Center for Community Change, and has served as Director of Housing Comes First, the Missouri Public Interest […]
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THE LEADERSHIP INITIATIVE ON TRANSPORTATION SOLVENCY
The Leadership Initiative for Transportation Solvency is dedicated to developing a nonpartisan solution to fund a better transportation system in the United States. Former U.S. Senator Bill Bradley, former Pennsylvania Governor and Secretary of Homeland Security Tom Ridge, and former U.S. Comptroller General and current President of the Comeback America Initiative David Walker led an intensive analysis to find politically realistic measures to fund and fix the transportation program.
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Richard Luthy is the Director of Engineering for the Research Center for Re-Inventing America’s Water Infrastructure. He is also the Silas H. Palmer Professor and former Chair of the Department of Civil and Environmental Engineering, and Senior Fellow in the Woods Institute for the Environment at Stanford University. His area of teaching and research is […]
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