DOT approves $2.5 billion for California-Nevada rail project
Private activity bonds will support initiative that will connect Las Vegas and Southern California
Suggestions
Los Angeles-area rail project lands $1 billion federal grant
Federal Transportation Agency (FTA) will cover half the cost of a $2 billion automated, elevated, fixed-guideway people mover in the city of Inglewood, California
Federal grant funds $1 billion expansion of East Coast passenger rail
Raleigh to Richmond route will span 162 miles as a critical line for the federal Southeast Corridor, which connects Washington, D.C., with Charlotte, North Carolina
High-speed rail projects in California, Nevada get $6.1 billion boost
California High-Speed Rail Authority receives a $3.1 billion grant to accelerate line through state’s Central Valley; privately owned initiative to connect Las Vegas, L.A. receives $3.1 billion
A large 2024 market sector that should not be overlooked
Mandated compliance with ADA statutes creates a large marketplace for construction projects. 2024 will be a banner year for firms interested in partnering with local governments to deliver compliance
Midwest rail corridor to receive $53 million for infrastructure upgrades
Federal Railroad Administration has awarded $31.8 million in grants for Twin Cities-Milwaukee-Chicago Intercity Passenger Rail Project; Amtrak to contribute additional $5 million
$1.5 billion for infrastructure projects available in FY2024
Funds available through the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grant program will help public-private partnerships with freight, passenger projects
Port Authority invests $410 million to rehab rail, wharfs in New York and New Jersey
Approval allows Port Authority staff to start issuing multiple contracts for the two programs, which will begin in 2024
Michigan plans $15.8 billion transportation improvements over five years
Plan includes directing $11.2 billion to roads and bridges. Transportation projects including bus, marine, rain and ports total $3.7 billion. Airports will get another $989 million
Rail safety projects nationwide receive $570 million boost
First round of funding awarded through the Railroad Crossing Elimination grant program and will address more than 400 at-grade crossings nationwide over the next four years.
