John Hennessy III,
P.E.
Conversations with infrastructure experts and stakeholders from around the U.S.
by Mary Scott Nabers TIPs and STIPs are acronyms for transportation improvement programs at the local and state levels of government. The formal names are ‘Transportation Improvement Program’ and ‘Statewide Transportation Improvement Program.’ They both fund transportation projects and allow for the coordination of federal, state, and local funding. TIPs are locally approved plans which have […]
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by Mary Scott Nabers Green Infrastructureꟷ a phrase that has become quite common, is generating lots of discussion. Perhaps that’s because of the significant amount of funding now available for projects that fall into this category. These types of projects promote environmentally friendly solutions to current problems, and the funding supports rain gardens, stormwater parks, permeable […]
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by Mary Scott Nabers A new federal funding program has just been announced. The Department of the Interior will oversee what has been named the WaterSMART Program. It is designed to provide funding for projects that fortify the Western region of the U.S. against drought and climate-related water scarcity. The Bureau of Reclamation initially made $180 million […]
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Deferred maintenance is a multi-billion-dollar problem for public officials throughout the country. Deferred maintenance is a major issue in the U.S., affecting cities, counties, school districts, universities, community colleges, public hospitals and law enforcement agencies. The longer this issue remains unaddressed, the greater the financial burden on taxpayers. The federal government also has deferred maintenance […]
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by Mary Scott Nabers There’s too much confusion about public private partnership (P3) engagements. That really needs to change. Unless something significant alters public funding for infrastructure projects in the next several years, P3 engagements will likely become one of America’s most common forms of project delivery for government. Every jurisdiction has benefitted significantly over the […]
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Funding is abundantly available for educational institutions to upgrade, rebuild, expand, and improve on energy efficiency by Mary Scott Nabers America’s aging public school infrastructure has been neglected for decades but all that is changing rapidly now. Significant funding support is available from the federal government’s Renew America’s Schools Program, making revenue available for every level […]
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Current law enforcement needs are resulting in an abundance of contracting opportunities by Mary Scott Nabers Almost every correctional facility in America is old, inefficient, costly to operate and overcrowded. Very few have adequate space for education and rehabilitation services and almost none have critical care space for healthcare and mental health services. The U.S. Bureau […]
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A less known, and often overlooked, federal program, the Historic Preservation Fund (HPF), continually provides millions in funding to support projects that upgrade, repair, or improve the sustainability of historic sites and facilities. The federal law that created the program and funded is the National Historic Preservation Act of 1966. There are other funding programs […]
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We’ve built a platform that we hope allows a broader spectrum of investors to access infrastructure investment directly, and on the flipside, allow those that require financing for infrastructure to tap into a broader pool of investors…By giving direct access, by putting the investor as close as possible to the underlying asset, stripping out intermediaries, we hope to be able to pass on a greater share of the returns from the asset to the ultimate investor.
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…both with the Trump administration and certainly with the Congress, there’s an acknowledgment that we need to do more, that infrastructure is the backbone of a thriving economy…Now, the differences begin pretty soon after you get past that statement, because I think there is great division in the country about whose responsibility it is. The Trump administration has sought to incentivize state and local governments in the private sector…I think state and local governments, certainly the members of our association, AASHTO, the state Departments of Transportation, see the federal component of investment in transportation infrastructure as critically important because it really is the foundation upon which state DOTs build to provide for the transportation investment needs within their states or within their communities.
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