Archive for July, 2008
Virginia Revenue Forecasts Expected to Be Revised Down, Impacting Road Projects
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As the nationwide economic downturn bleeds into the state, the revenue projections for fiscal 2009 and 2010 are expected to be revised downward and could force cuts in the two-year, $77 billion budget. Without legislative help, the Commonwealth Transportation Board will have to follow through with its plans to ax about $1.7 billion of planned [...]
Michigan Needs to Double Transportation Spending
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A report on the State of Michigan’s transportation system released this week warns that at least $6.1 billion in annual funding is needed for basic upkeep on roads and bridges, compared to the roughly $3.2 billion the state currently spends. One of the constraints on raising funds is that nearly all Michigan’s roads have used [...]
NCTA Receives Four Responses to Bridge RFQ
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On July 2, the North Carolina Turnpike Authority published the respondents to its Mid-Currituck Bridge RFQ. The firms responding include Bechtel Infrastructure Group (Bechtel, Bank of America, & others), Sound Connector Group (HOCHTIEF, Bilfinger Berger, Flatiron, DEPFA Bank, & others), Skanska Infrastructure Development (Skanska USA Civil, Parsons Transportation Group, & others), and Currituck [...]
Florida Throws Out Alligator Alley RFQ, Restarts Procurement
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According to FDOT officials, the initial RFQ, to which eight teams submitted responses on June 3, was not detailed enough for the state to evaluate teams’ qualifications. The department’s technical panel needed more information, particularly in regard to operations and maintenance firms as well as investor participants. “Obviously what we asked for wasn’t all [...]
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