Business

RSS

FRA receives $6B in grant applications, four times the funds available.

Rules are designed to reduce the sizable carbon footprint of the ubiquitous construction material.

Rail project moves into the design phase with $1.97 billion in grant funding from the Federal Transit Administration

Cost increases were a major concern of the Committee, as well as some still-unresolved details of Buy America provisions.

The funds are the second major tranche of funding from the Climate Pollution Reduction Grants program.

Major programs include $1B Sawtooth Bridges Replacement in New Jersey, needed to support Gateway mega-program to add rail tunnels under the Hudson River. 

Now set to augment transportation construction projects underway across New York and New Jersey, officials are fast developing programs to expand infrastructure to meet climate change, resilience and sustainability needs, fueled by billions in more recent federal funding.

The funding is EPA's largest recycling investment in 30 years, a top official says.

CEO Ian Edwards says new name cements market identity not tethered to past ethics scandals, legal battles and bottom line pressures of fixed-price construction, as Canada firm builds on its Atkins unit and new needs in changing energy and transportation niches.

Whether Madison Square Garden Corp. CEO James Dolan will testify has been a major issue in one of the cases.