Share on LinkedInShare on LinkedIn

ARTICLE · 30 APRIL 2012

Infrastructure Alert - April 25, 2012

After the House passed a new short-term transportation funding extension, which included provisions important to House Republican leaders, both chambers have signaled that they will attempt to compromise on a longer term funding bill through conference negotiations.

United StatesGovernment, Public Sector

After the House passed a new short-term transportation funding extension, which included provisions important to House Republican leaders, both chambers have signaled that they will attempt to compromise on a longer term funding bill through conference negotiations. Current federal transportation funding is set to expire at the end of June. The Department of Transportation continues to work within budget constraints to give states and municipalities more flexibility with regards to funding and permitting processes. And individual states are following suit with new and innovative funding models, such as in Virginia where a private venture company will help finance the construction of a new tunnel in exchange for the right to collect toll revenue for a set period of time.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from