USA awards US$5 million grant to Build America Center PPP Project
The U.S. Department of Transportation has awarded a US$5 million grant to the University of Maryland (UMD) through a cooperative agreement to establish and manage the Build America Center PPP project.
The center will offer educational programs, information, and resources for transportation agencies in all areas of alternative and innovative project financing and delivery. The project will support the Build America Bureau and the Federal Highway Administration (FHWA) to foster new approaches to financing the development and transformation of the nation’s transportation infrastructure into a modern system.
The University of Maryland will serve as the national lead for this new center contributing a 20% match to the grant with four universities, Virginia Tech, Georgia Tech, Purdue, and Stanford, serving as regional leads.
Country updates
-
-
April 19, 2022
ARTS invests in KKR Diversified Core Infrastructure Fund
Arkansas Teacher Retirement System (ARTS) has committed the investment of US$25 million in the Diversified Core Infrastructure Fund (DCIF), managed by KKR. The open-ended fund has already raised US$6....
Read more -
April 19, 2022
Technical adviser appointed for Southeast Connector PPP project in Fort Worth
Texas Department of Transportation (TxDOT) has selected South-Point Constructors as a technical adviser for its US$1.6 billion Southeast Connector project in Fort Worth, the USA. The South-Point Cons...
Read more -
April 19, 2022
Tender issued for mixed-use PPP project in USA
Massachusetts Development Finance Agency in USA has launched a request for proposal (RFP) seeking a private partner for the New Bedford State Pie mixed-use development project.
Read more -
April 18, 2022
Teams shortlisted for Utility system PPP project at University of Louisville
University of Louisville in Kentucky, USA has shortlisted four bidders to participate in phase II of the procurement process to manage its on-campus utility production and distribution systems. The s...
Read more -
April 18, 2022
Hull Street Energy Partners II achieved final close
Hull Street Energy, the Washington D.C. area-based energy transition investment firm has announced that its second institutional fund, Hull Street Energy Partners II, L.P has reached a final clos...
Read more
