Experts talk financing projects via P3s at APTA
“If you’ve seen one public-private partnership (P3), you’ve seen one public-private partnership,” was a recurring theme in the “Financing New Projects in the U.S.” session.
“If you’ve seen one public-private partnership (P3), you’ve seen one public-private partnership,” was a recurring theme in the “Financing New Projects in the U.S.” session.
The study shows that while car-sharing, bike-sharing, walking and car ownership will all play a part in the multi-modal network, public transportation is ranked highest as the best mode to connect to all other modes, according to 54% of millennials polled.
Once in place, the CMU-2000 family of communications manager units will enhance the safety and performance of passenger rail service by enabling fast, reliable transmission of PTC data signals and commands.
The projects were funded primarily with a $10.5 million 2009 U.S. DOT Transportation Investment Generating Economic Recovery grant.
Bloomberg data shows that at least $10 billion of Grant Anticipation Revenue Vehicles sold by states or transit systems and backed by federal highway or transportation aid are outstanding in the $3.7 trillion muni market. While federal funds will continue to pay debt on the highway bonds, appropriations for the securities through the FTA would be affected by the shutdown.
As part of the APTA Annual Meeting, METRO asked top executives what is another transit agency/operator they admire. Here are their answers.
Ninety-five percent of NAIPTA’s fleet is comprised of hybrid-electric buses, supplied by Gillig.
Several industry vets honored at this year's APTA Annual Meeting in Chicago.
The Rapid is currently focusing on work-related trips by adding more frequent service during commuter hours and more routes running into the evening to provide access to second- and third-shift jobs.
GO Transit launched the innovative “Service Guarantee” program in May 2012, which offers customers refunds if their train is more than 15 minutes late, except when the delays are caused by extreme weather, police investigations, accidents and medical emergencies.
Video footage shows there was no driver present in an empty commuter train that hit another train at a station on Monday morning. Investigators are trying to determine whether the four-car train started moving by itself or if someone put it in motion, either accidentally or intentionally.
An outbound Blue Line Chicago Transit Authority train collided with an out-of-service train headed in the opposite direction early Monday morning. Police are investigating whether the train was hijacked because it had only four cars, which is atypical for a rush hour commute.
A consultant with URS Corp. said at a meeting that polls indicate that the majority of people over 65 plan to remain in their current residences. Meanwhile, a planned referendum next year will ask Polk County voters to approve a sales tax increase to improve the transportation system.
The platform will be demonstrated at the APTA Annual Meeting on Monday at Cubic’s booth #804.
ITNGreaterBoston, a program started in 2012, specializes in door-to-door, 24/7 transportation for seniors, and keeps costs down by covering 40% of the price of each ride. The other 60% comes from the users.
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