California – A key rail facility at the Port of Long Beach is growing closer to reality after clearing federal environmental approval, which triggers the release of $52.3 million in grant funding from the U.S. Maritime Administration. This federal grant is significant seed money for the first phase of the $1.55 billion program to reconfigure, […]
Technology has altered the way individuals participate in work, travel, entertainment, and health care. It also has changed the way government provides services. Technology purchases of upgrades and enhancements are required, and that will not change. The value of the benefits that result far outweigh the cost. A study of new statewide budgets confirms that […]
In past years, economic development initiatives often required funding that governmental entities were not able to provide. Now, however, many projects to stimulate the economy are delivered through public-private partnerships (P3s) taking advantage of funding and tax incentives available through a federal program. The Department of the Treasury’s New Markets Tax Credit (NMTC) program provides […]
New federal funding will expand the Port of Galveston’s commercial capacity and, in turn, help reduce broader port congestion. A recent $11 million allocation from the Infrastructure Investment and Jobs Act (IIJA) will support dredging the final 2,500-foot stretch of Galveston Ship Channel to a depth of 46 feet. Dredging work—now slated to begin in […]
Regents at The University of Texas (UT) approved a request from a facilities subcommittee on May 5 to start defining the scope of a $2.9 billion project to build two ambulatory clinical buildings at UT M.D. Anderson Cancer Center. The center is proposing to construct Ambulatory Clinical Buildings 2 and 3 on the institution’s Texas […]
Virginia – Loudon County is considering options for pursuing renewable energy agreements as precursor to a potential solicitation with power providers with the county’s board of supervisors recently directing staff to assess the merits of power purchase agreements (PPAs) and community choice aggregation (CCA). Their action followed a county committee recommendation that the board instruct staff […]
Pennsylvania – Improvements to safety, mobility, and local economies are at the core of 56 multimodal projects set to receive $47.8 million in funding from the Pennsylvania Department of Transportation (PennDOT). The department evaluated the applications and made selections based on such criteria as safety benefits, regional economic conditions, the technical and financial feasibility, job creation, […]
For generations of Americans, the interstate system has been an icon representing infrastructural achievement. However, over the decades, the network of roadways has faced continuous use and declining upkeep and maintenance. After decades, the skeletal fiber of infrastructure needs immediate attention and investment. Finally, there is funding to begin the process of upgrading the country’s […]
Public officials in government are asking difficult questions about how to deliver critical infrastructure projects. Their concern is real, and their questions are valid because the trend of delivering large projects through public-private partnerships (P3s) is becoming more compelling every day. Government leaders are feeling pressure to consider P3s as a new delivery method for […]
The city of Fort Worth positioned itself as a leader in cryptocurrency on April 26 when it became the first American municipality with its own Bitcoin mining operation. Passage of a City Council resolution allowed the city to enter an initial six-month pilot program that revolves around three Bitcoin mining machines. The Bitcoin mining machines, […]
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