Established by the Infrastructure Investment and Jobs Act (IIJA), the Strengthening Mobility and Revolutionizing Transportation (SMART) Program awards grants to various public sector agencies – state, local, and tribal governments, public transit agencies, metropolitan planning organizations – to execute projects that use advanced technologies to improve transportation efficiency and safety. The Fiscal Year (FY) 2023 … Continue Reading
P3 state legislation continues to expand and move forward with governors signing legislation into law and sending some bills back to legislatures for review and revision. The states have in common efforts to define the breadth and depth of projects suitable for public private partnerships and many are working to establish specific offices to manage … Continue Reading
It is a particularly good time for states to implement P3 legislation to make P3 projects more efficient and predictable. The more states and their associated regulatory authorities weigh in on P3 parameters, documents, and general rules of the road, the easier it will be for project owners and private sector parties. The more clarity built around … Continue Reading