The Teacher Retirement System (TRS) board of trustees on September 17 authorized the purchase of a new headquarters at the Mueller Business District in Austin, pending final negotiations. TRS, which manages a pension trust fund of nearly $200 billion, estimates the...
The Port of Corpus Christi Authority and the Texas General Land Office (GLO) will co-develop a carbon dioxide storage solution in the Coastal Bend in support of national decarbonization targets. Such a solution would involve infrastructure to transport and permanently...
The Texas Facilities Commission (TFC) anticipates issuing three solicitations by the end of the month for construction managers at risk (CMARs) to oversee major capital projects for state facilities. TFC intends to release a CMAR solicitation for the second phase of...
The Texas General Land Office (GLO) is drafting an action plan that includes a set aside of $750 million in federal disaster mitigation funding to Harris County and will direct at least $500 million in additional funds to the county through a regional mitigation...
The Federal Highway Administration (FHWA) awarded the Texas Department of Transportation (TxDOT) a $5 million grant to test a new user-based funding method for highways and bridges. To help pay for road infrastructure improvements and maintenance and optimize roadway...
The Texas Transportation Commission approved the Texas-Mexico Border Transportation Master Plan (BTMP) on March 25 that forecasts strong economic growth but cautions that border infrastructure improvements are needed to avoid crossing times rising to unmanageable...
