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The legislation, “Moving Ahead for Progress in the 21st Century, MAP-21,” funds programs at current levels and accommodates for inflation, providing $339.2 billion over six years and averaging $56.5 billion annually. Highlights include eliminating earmarks, consolidating programs, expediting project delivery and expanding the Transportation Innovation and Finance Act program.
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The public transportation industry and its large supplier base are about to receive their largest financial boost in history. The boost will then become even larger and more sustained if other pending legislative actions remain on track.
Read More →On Tuesday, House Transportation and Infrastructure Committee Chairman John L. Mica (R-FL) and Members of the Committee unveiled the long-awaited American Energy & Infrastructure Jobs Act, which looks to authorize approximately $260 billion over five years to fund federal highway, transit and safety programs at current funding levels.
Read More →The proposal included $109 billion for public transit and $95 billion for passenger and freight rail.
Read More →The vote steps up pressure on the House to drop its troubled five-year bill and instead adapt the Senate version before the current extension expires March 31.
Read More →The Caucus seeks to highlight the benefits of investing in bus systems, the challenges accompanying aging bus fleets and facilities, and encourage innovation in a rapidly changing transportation climate.
Read More →The bill includes $343 billion to improve and repair roads, bridges, and transportation safety; $109 billion for transit; and $95 billion for passenger and freight rail.
Read More →Accenture's recent study finds a startling gap in project cost when organizations miss their targets for infrastructure and capital projects. However, an analysis of the few companies consistently hitting and exceeding their goals reveals that AI may be the key to keeping projects on schedule.
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