Posts Tagged 'Transportation'

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P3s: Where We’ve Been and Where We’re Going

With government officials’ increasing understanding of the P3 structure, the narrowing difference in financing cost thanks to federal programs, and a focus on life cycle costs and risk transfer, governments across the country are beginning to look to P3s as a way to deliver on promises of infrastructure investment. Many governments are in the process of evaluating public-private partnerships in meaningful ways, conducting rigorous analyses to determine whether a P3 is the prudent way to procure a project. 

Capitalize on the Most Valuable Data from Fleet Telematics

Whether operating dump trucks or pickup trucks, most companies with a fleet of more than 25 vehicles have at least entertained the idea of installing telematics devices to help reduce operational costs and improve safety. However, many companies are not realizing the potential risk-reduction benefit because they are not focused on the appropriate measures to improve driver behaviors, especially hard braking.

Emerging Drone Applications in Heavy/Highway Construction

From bid preparation through project development, completion and maintenance, drones offer ways to speed results and reduce costs on heavy/highway construction projects.

Optimism Rises for Near-Term Infrastructure Spending

Stepping away from campaign promises and political conjecture, 2017 should be a decent year for the transportation
construction market, with the best years for spending growth still ahead. 

Surety Industry Advocates for Inclusion of Bonds on Federal and State P3s

Even though procurement methods have evolved—including the use of P3s—construction remains a risky business, making the protections that surety bonds provide for taxpayers’ investments and the payment guarantees for subcontractors and suppliers just as relevant and important in P3s. 

The Need Is Obvious; The Political Will Is Not

P3s are the only conceivable financial solution to America’s infrastructure deficits.  

A Heavy Lift

Strategic planning is the name of the game for port authorities. Across the United States, long-range investments are earmarked for new or expanded terminals, berths, piers, storage buildings and cranes; plus dredging, facility rehabilitations, security upgrades, and related transit infrastructure and warehouses. 

Expect Nearly 400,000 Highway Construction Job Openings by 2022

An estimated 388,904 highway construction and maintenance job openings—the majority of which will require semi-skilled or highly skilled workers—will be created between 2012 and 2022, according to a report released by the U.S. Transportation, Labor and Education departments.

Top Construction Priorities: Infrastructure and Technology

Eighty-three percent of North American AEC executives ranked rebuilding aging infrastructure as the industry’s top priority, according to ARC Document Solutions’ 2015 Construction Trends Survey. About half of respondents also ranked building clean power plants and expanding projects that secure fresh water as major concerns, followed by expanding cities’ rail transit (28 percent) and building high-speed regional rail (21 percent). 

Upgrading America's Airports

This summer marks the beginning of what should be a busy few years for aviation contractors in Houston. The procurement process is under way for George Bush Intercontinental Airport’s international terminal renovation program, valued at $1.4 billion, with preconstruction services scheduled in parallel with architecture and engineering work. The activity in Houston reflects consensus that increasing air traffic and airline revenues are supporting capital spending, particularly at major hubs.

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