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Report published on proposed Virginia transportation infrastructure bank

RICHMOND, VA. — Secretary of Transportation Sean T. Connaughton announced the publication of a report titled “State Infrastructure Banks: A Virginia Perspective.”

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Virginia establishes public-private transportation act office

RICHMOND, VA. — The Virginia Department of Transportation (VDOT) has officially launched the Public-Private Transportation Act (PPTA) Office on Dec. 10.

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ARTBA forecasts 4.4 percent drop in 2011 bridge and highway construction

WASHINGTON, D.C. — Continuing budget challenges for state and local governments, uncertainty surrounding a new long-term federal surface transportation bill, and winding down of infrastructure investment under the stimulus law will drive a 4.4 percent contraction in the U.S. highway and bridge construction market in 2011.

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Headlines from around the Web, Monday, Dec. 13, 2010

From oregonlive.com: Gas tax to increase in Oregon
From latimes.com: $277 million freeway project calls for temporary road closures

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Report underscores benefits of transportation infrastructure investment

WASHINGTON, D.C. — The next federal highway and transit bill should facilitate long-term U.S. competitiveness, establish national transportation policies that are more accountable and performance-driven, strengthen reliance on user financing, and boost the federal motor fuels tax to support expanded investments aimed at improving the nation's aging highways, bridges, and transit systems, according to a joint report released Dec. 8 by members of the National Surface Transportation Infrastructure Financing Commission and National Transportation Policy Project of the Bipartisan Policy Center.

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