Cliff Henke, a contributing editor to METRO, is senior analyst at PB. His views herein are solely his own.
Many believe that the president will put a 'TIGER-like' program in his surface transportation authorization proposal. Given the urgent need for investment out there, his proposal will come not a second too soon.
On the verge of receiving ARRA funding, many agencies were either left scrambling to stretch funds using ‘creative financing’ or playing it more conservatively. A new report calls for increased fed funding to help circumvent money woes should the economy, financial downturns worsen or occur again.
Most independent experts think that the stimulus spending has added at least one percentage point to economic growth in each of the last two quarters — not enough to create many new jobs, but a much better situation than the 18 months before.
A report found that only 0.9 percent of STP funds are being used on public transportation.
With a record investment and renewed interest in public transportation by the new presidential administration, the consultant industry is seeing a vast number of opportunities opening up. One major hurdle that must be negotiated is funding the upcoming transportation authorization bill.
President Obama's focus on rail harkens back to the days of the first 'rail president' and fellow Illinois native, Abraham Lincoln.
The agency is investing $420 million in ARRA funding on several capital projects including the Mass Transit Tunnel, a new transit center, signal improvements, rail line interlocking and bus shelters.
TIGGER's energy reduction category can include various projects ranging from replacement of existing buses with more energy efficient buses, such as hybrids.
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