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Texas DOT using innovative financing to build during lean times

WASHINGTON, D.C. — A $2.5 billion expressway project in Forth Worth, Texas, will cost the Texas Department of Transportation (TxDOT) just $573 million — less than one-fourth of the total cost. The reason: public-private partnerships.

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Bridge toll funds move California freeway projects forward

OAKLAND, CALIF. — The Metropolitan Transportation Commission allocated $22 million of bridge toll money to the Solano Transportation Authority to help finance environmental documentation and preliminary engineering for key improvements to the Interstate 80 corridor in Solano County, Calif.

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Headlines from around the Web, Thursday, Dec. 16, 2010

From journalstar.com: Nebraska senator takes from sales tax to pay for roads
From northjersey.com: LaHood offers to lower NJ tunnel fees
From reuters.com: Congress requests nearly $1 billion for transportation projects

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Construction to begin on Black River Bridge replacement project

WASHINGTON, D.C. — Construction on a new Black River Bridge in Port Huron, Mich., can now begin thanks to a signed agreement between the U.S. Department of Transportation and the Michigan Department of Transportation for a $30 million American Recovery and Reinvestment Act grant.

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Headlines from around the Web, Wednesday, Dec. 15, 2010

From transportationnation.org: How will a National Infrastructure Bank work?
From fhwa.dot.gov: Status of the highway trust fund

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