Despite Soaring Materials Costs, the Industry Remains Optimistic

While 2006 brought an increase in federal funding to transportation projects in the U.S. as money from SAFETEA-LU began to be distributed, operators still face funding difficulties due to rising construction costs. This article examines the increasing prevalence of public-private partnerships (PPP) in the transportation sector as illustrated by case examples from various state DOTs. State-level budgets are also helping some communities such as those of Florida. Another such state-level budgetary spending measure is California’s 2006 Proposition 1B, which granted the California Department of Transportation (Caltrans) 19.9 billion. The final section of the article discusses the increase in spending for public transportation, using the example of New York City’s MTA. Also discussesdbriefly is Norfolk Southern’s new Heartland Corridor line.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/08919526
• Authors:
  • Buckley, Bruce
• Publication Date: 2006-11-27

Language

• English

Media Info

• Media Type: Print
• Features: Maps; Photos;
• Pagination: pp 36-38
• Serial:
  • ENR
  • Volume: 257
  • Issue Number: 21
  • Publisher: McGraw-Hill, Incorporated
  • ISSN: 0891-9526

Subject/Index Terms

• TRT Terms: Finance; Government funding; Public private partnerships; Public transit; Revenues; Road construction; Toll roads; Transportation policy
• Subject Areas: Economics; Finance; Highways; Policy; Public Transportation; Society; I10: Economics and Administration;

Filing Info

• Accession Number: 01038756
• Record Type: Publication
• Source Agency: UC Berkeley Transportation Library
• Files: BTRIS, TRIS
• Created Date: Dec 29 2006 11:07AM