Infrastructure Development & Management Strategies

On June 26, 2008, the Texas Transportation Commission awarded a contract to a team formed by Zachry American Infrastructure and ACS Infrastructure to prepare the Master Plan and Financial Plan for I-69, as part of the Trans-Texas-Corridor project.
The team is expected to plan new highways, railroads, and other projects for a $5 million [...]

With other sectors in some turmoil, investing in global infrastructure seems all the rage at the big financial houses. U.S. Transportation Secretary Mary Peters estimates there is $400 billion of private money available for highways alone. Her predecessor, Norman Y. Mineta, was hired in April by Credit Suisse as a senior adviser. Robert Prieto, senior [...]

After the $1.8 billion pioneering lease of the Chicago Skyway in 2005, the city of Chicago is now chugging ahead as officials review the responses to the request for proposal submitted by six teams including Abertis Infraestructuras, Carlyle Infrastructure Group, Macquarie Airports, Citi Infrastructure Investors, Morgan Stanley Infrastructure Partners and Hochtief Airport, interested in obtaining [...]

On June 12, 2008, the Gwinnett County, GA Department of Financial Services released a Request for Proposals to pre-develop, design, construct, finance, operate, and maintain tolled lanes along a northern extension of Ronald Reagan Parkway to Interstate 85. The County hopes to sign a Pre-Development Agreement (PDA) with the winning proposer, with the intention [...]

The former president of Old Dominion University, James Koch, commented yesterday in a Roanoke Times editorial on the economic rationale for funding transportation needs via user fees instead of general taxes. Comparing road-use charges to the admission fees for national parks and sporting events, the economics professor noted user fees justly affect individuals proportionally [...]