Federal Transit Administration Publishes Private Investment Project Procedures

  • 31 May 2018
  • Author: Mike Miller
  • Number of views: 433
  • 0 Comments

The Federal Transit Administration (FTA) is issuing a final rule describing new, experimental procedures to encourage increased project management flexibility, more innovation in project funding, improved efficiency, timely project implementation, and new project revenue streams for public transportation capital projects. A primary goal of this final rule is to address impediments to the greater use of public-private partnerships and private investment in public transportation capital projects. FTA anticipates using the lessons learned from these experimental procedures to develop more effective approaches to including private participation and investment in project planning, project development, finance, design, construction, maintenance, and operations.

 

The final rule’s effective date is June 29, 2018.  The final rule is here.

FTA Announces $25.8 Million for Transit Planning

  • 24 May 2018
  • Author: Mike Miller
  • Number of views: 430
  • 0 Comments
The Federal Transit Administration (FTA) announced the availability of $25.8 million in grant funds to support comprehensive planning associated with new fixed guideway and core capacity improvement projects.  Applications are due July 23, 2018.

Mulvaney Not Onboard With House BUILD and CIG Approps

Letter to Chairman Expresses Concerns

  • 22 May 2018
  • Author: Mike Miller
  • Number of views: 458
  • 0 Comments
Office of Management and Budget (OMB) Director Mick Mulvaney expressed misgivings about several transportation provisions included the House version of the FY 2019 Transportation HUD (THUD) Appropriations bill passed last week in subcommittee.

If You're Not Already Preparing for Revenue Raisers, You're Not Doing It Right

The Department of the Treasury is steadily making progress on writing guidance for the Tax Cuts and Jobs Act and have announced a tentative release schedule: June/July for the passthrough deduction, late summer/early fall for the new limitations on interest expense, and December for the big international provisions (e.g. GILTI and BEAT).

 

In the meantime, the Committee on Ways and Means is contemplating a second round of tax cuts, or Tax Reform 2.0 as they like to call it. They are aiming to make permanent the new individual provisions as well as full expensing for businesses.

Airlines FTEs Doing OK

  • 21 May 2018
  • Author: Mike Miller
  • Number of views: 458
  • 0 Comments
The Bureau of Transportation Statistics (BTS) reported on May 17th that US scheduled passenger airlines employed 2.8 % more workers in March 2018 than a year ago. This was the highest monthly full-time equivelent (FTE) employment total (434,243 FTEs) since December 2004 (436,909) and the 53rd consecutive month of exceeding the same month of the previous year.
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US Congressional Calendar

TFG Experts Compile Special Report on the Infrastructure Investment and Jobs Act

TFG Experts Compile Special Report on the Infrastructure Investment and Jobs Act

TFG outlined programs included in the Infrastructure Investment and Jobs Act critical to its clients in an exclusive Special Report.

WASHINGTON, D.C.—This week, longtime infrastructure and federal funding experts at The Ferguson Group (TFG), compiled an extensive Special Report on the 2,739 page Infrastructure Investment and Jobs Act recently passed by the United States Senate. Importantly, TFG staff members with expertise across all portfolios teamed up to highlight and interpret provisions of particular importance to clients. Clients will also receive timely updates on subsequent negotiations and actions in the U.S. House on the bill and future infrastructure and budget initiatives relevant to their priority projects.

“Our clients need every resource at their disposal to help their communities,” said Jennifer Imo, Managing Partner of Client Services. “But it’s incredibly difficult to filter and interpret the latest federal legislation, emergency funding, and budget provisions to target the right programs—that’s where we come in. Our Special Report distills down the massive Infrastructure Investment and Jobs Act to highlight the federal provisions our clients can advocate for and benefit from quickly.”

“I was pleased to work with my colleagues across issue areas to put together a comprehensive guide to the infrastructure package for our clients,” said Zachary Israel, Principal and Manager of Legislative Affairs. “If passed, this bill could be a real game-changer for our clients. We are also closely monitoring subsequent House actions on the Senate-passed Infrastructure Investment and Jobs Act, FY 2022 Community Project Funding (or “earmarks”), and the potential $3.5 trillion reconciliation package.”

Without a Congressional section-by-section summary currently available, the Special Report provides clients a needed breakdown of the 5-year surface transportation reauthorization bill and additional $550 billion in emergency infrastructure spending included in the Infrastructure Investment and Jobs Act.

 

 

 

 

 

The TFG Special Report on the Infrastructure Investment and Jobs Act summarizes and interprets relevant provisions such as:

  • Surface Transportation;
  • Surface Transportation Investment Act of 2021;
  • Transit;
  • Energy;
  • Drinking Water and Wastewater Infrastructure;
  • Broadband;
  • Revenue Provisions;
  • Infrastructure Investments and Jobs Appropriations Act; and
  • Next Steps.
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28 January 2025

TFG Monitoring Developments of Temporary Pause of Agency Grant, Loan, and Other Financial Assistance Programs

On January 27, the Office of Management and Budget (OMB) under President Trump issued a memorandum titled “Temporary Pause of Agency Grant, Loan, and Other Financial Assistance Programs.” The directive mandates Federal agencies to temporarily suspend the obligation and disbursement of federal financial assistance while conducting a comprehensive review of programs and awards to ensure alignment with the administration’s policies and priorities. As part of this review, agencies are also instructed to temporarily suspend the issuance of new program solicitations.

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