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Washington Bridge Reconstruction in Rhode Island Advances with $220.9 Million in Federal Support

Apr 15, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

A new agreement between the U.S. Department of Transportation and the Rhode Island Department of Transportation will provide $220.9 million in federal funds to the state, which will be used for the reconstruction of the Washington Bridge, closed in December 2023 due...

Ohio-Kentucky-Indiana Region Approves $4.8 Billion Transportation Plan

Apr 15, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

The Ohio-Kentucky-Indiana Regional Council of Governments has approved a $4.8 billion Transportation Improvement Program covering fiscal years 2026–2029 to improve mobility, safety, and infrastructure across the region. The plan funds projects to upgrade highways, bus...

Construction Underway for Phoenix Sky Harbor International Airport’s $326 Million Expansion

Apr 15, 2025 | Airports, Finance - Infrastructure, Infrastructure

McCarthy Building Companies has started construction on the $326 million North 2 Concourse at Phoenix Sky Harbor International Airport's Terminal 3, which will add six new gates and 173,000 square feet of multi-level space. Aimed at addressing the rising passenger...

Bengals, Hamilton County Seek $350 Million for Paycor Stadium Renovation Following Browns Deal

Apr 15, 2025 | Finance - Infrastructure, Infrastructure, Stadiums

Following the Ohio House’s recent approval of a $600 million bond deal for a new Cleveland Browns stadium, the Cincinnati Bengals and Hamilton County have jointly requested $350 million from Ohio lawmakers to finance the renovation of Paycor Stadium. While the $830...

C.W. Matthews Wins $104 Million Contract for Georgia Highway 20 Widening

Apr 14, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Procurement, Transportation

The Georgia Department of Transportation has awarded C.W. Matthews Contracting Co. Inc. a $104 million contract to widen a 6-mile section of Georgia Highway 20 between Cherokee County and Post Road in Forsyth County. The project will expand the highway to three lanes...

Alstom Secures $518 Million Contract Extension for JFK AirTrain Operations and Maintenance 

Apr 14, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Procurement, Transportation

Alstom has signed a seven-year, $518 million contract extension with the Port Authority of New York and New Jersey to continue operating and maintaining the John F. Kennedy International Airport AirTrain, with an option for three more years. Under the agreement,...

Skanska Lands $444 Million Contract to Replace Raritan River Bridge in New Jersey

Apr 14, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Procurement, Transportation

Skanska has been awarded a $444 million contract to replace the Raritan River Bridge, a key rail link between Perth Amboy and South Amboy, New Jersey, damaged by Superstorm Sandy. With construction beginning this month and completion expected in 2029, the scope of...

Fluor Awarded $671 Million Contract to Expand SH 6 in Bryan/College Station, TX Area

Apr 14, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Procurement, Transportation

Fluor Corporation has been awarded a $671 million contract by the Texas Department of Transportation to expand a 12-mile stretch of SH 6 through Bryan and College Station, aiming to ease congestion and improve safety. The project, set to begin in summer 2025, will...

ODOT Announces $3.2 Billion Construction Season with 955 Projects Planned Across Ohio

Apr 10, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

In hopes of reducing traffic and improving safety, the Ohio Department of Transportation (ODOT) has announced a record $3.2 billion construction season, set to complete 955 projects statewide, including 38 major projects valued at over $10 million, improving 5,538...

Denver Proposes $70 Million Investment for Women’s Soccer League team’s Stadium

Apr 10, 2025 | Finance - Infrastructure, Infrastructure, Stadiums

Denver is proposing a $70 million investment for the land acquisition of National Women’s Soccer League team's future stadium. The city is considering spending up to $50 million to acquire land near I-25 and Broadway, with an additional $20 million allocated for...

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