AASHTO launches new financing site

Posted on June 15, 2009

The American Association of State Highway and Transportation Officials (AASHTO) Center for Excellence in Project Finance launched a new Website, www.transportation-finance.com, to help state departments of transportation, metropolitan planning organizations, and other transportation providers find new potential sources of revenue.

"We're giving state departments of transportation a valuable new tool to meet the financial challenges of both today and tomorrow," said John Horsley, AASHTO's executive director.  

The site is designed to identify a comprehensive set of funding and financing mechanisms that can be used to generate investment for critical transportation projects.

Established by congressional legislation in the 2005, the AASHTO Center for Excellence in Project Finance provides transportation funding and financing tools, research services, technical assistance, and professional education programs in conjunction with the Wharton School at the University of Pennsylvania. Its mission is to work in partnership with the U.S. Department of Transportation to develop state-of-the-art finance methods for transportation project advancement and funding and to provide project oversight tools and new professional development programs.


View comments or post a comment on this story. (0 Comments)

More News

Alexander Dennis' Enviro500 concept bus on display in Singapore

The full low-floor, three-door, two-staircase double-deck bus is being shown at the LTA-UITP Singapore International Transport Congress and Exhibition in Suntec City.

ETA adds Intelligent Transit System to Grand Valley

The new ITS provides Grand Valley with ETA's real-time arrival predictions, fare collection system integration, automatic on-board announcements, and the tools to track and chart system improvements over time.

Proterra names Honeywell, Tesla vet to COO post

Josh Ensign’s track record includes leading global operations for 42 factories in 15 countries and managing the supporting supply chains. 

Nova announces 2 major orders for San Antonio VIA, Houston Metro

The buses will be manufactured in Plattsburgh, state of New York, and the delivery of the vehicles has already begun in Houston.

Driverless bus service in France sets world record

The two electric vehicles, fitted with high-tech equipment including laser sensors, stereo vision and GPS, can ferry around 15 passengers at a top speed of 12 mph.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment



Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close