TIFIA Chief: State, Local Officials Need to Use Program or Face Its Demise

Ferris, Craig T.
June 2003
Bond Buyer;6/25/2003, Vol. 344 Issue 31664, p29
Trade Publication
State and local transportation officials must use the Transportation Infrastructure Financing and Innovation Act program or risk either losing it or having it cut back, the head of the federal program warned. During the first year of the program in 1999, Mark Sullivan, chief of the program for the U.S. Department of Transportation said DOT obligated about $1.5 billion in projects out of the $1.6 billion that were authorized. Sullivan indicated that the lack of activity in the public-private financing program could mean that Congress will either cut the program back or even eliminate it when it considers renewing it as part of the Transportation Equity Act for the 21st Century, or TEA-21, which expires on September 30.


Related Articles

  • Bush requests a little more for DOT budget.  // Refrigerated Transporter;3/1/2005, Vol. 40 Issue 10, p14 

    Reports on the proposal of President George W. Bush to increase funding for the U.S. Department of Transportation. Terms of Bush's proposal; Motives behind the budget increase; Details on the average transportation and communication spending and expenses.

  • Georgia Mulls Contracts With Private Firms to Build Highways Under New Law. DeSue, Tedra // Bond Buyer;2/11/2004, Vol. 347 Issue 31819, p7 

    Reports on the plan of the Department of Transportation to enter into contracts with private developers to pay the costs of highway projects in Atlanta, Georgia. Reconstruction of the four-lane highway; Collection of tolls to redesign bridges and roads; Partnership between private and public...

  • Management and Administration.  // Public Roads;Jan/Feb2000, Vol. 63 Issue 4, p51 

    Provides information on several issues on transportation management and administration in the United States. Regional community-building forums announced by the Department of Transportation (DOT); Highway improvements to the public agreed by the DOT and other organizations; Issuance of...

  • Mineta, Perry Tout Texas' Initiative, Innovation in Transportation. Albanese, Elizabeth // Bond Buyer;6/12/2006, Vol. 356 Issue 32400, p36 

    The article reports that Norman Mineta, the Secretary of Transportation of the U.S., commended the state of Texas for its financing innovations and initiatives in transportation in 2006. Mineta also recommended that other states follow the lead of the Texas Department of Transportation and the...

  • FY 2007 budget sheds light on transportation.  // Roads & Bridges;Mar2006, Vol. 44 Issue 3, p11 

    Reports on the fiscal year 2007 transportation budget proposed by the administration of U.S. President George W. Bush. Total budget proposed for the U.S. Department of Transportation; Federal transportation programs that received funding; Budget requested for a pilot program to test the...

  • DOT funds go unspent.  // Pit & Quarry;May2004, Vol. 96 Issue 11, p47 

    Reports on the unspent funds identified by the U.S. Department of Transportation Inspector General remaining idle among states. Ten states with more than U.S.$1 million in transportation funds sitting idle; State with the largest amount of unneeded obligations.

  • DOT Proposal May Boost Tax-Exempts. Sanchez, Humberto // Bond Buyer;4/9/2003, Vol. 344 Issue 31611, p1 

    The U.S. Department of Transportation (DOT) is considering asking Congress to change the tax laws to allow private companies to use an unlimited amount of tax-exempt bonds to finance the construction of transportation infrastructure projects as part of the government's proposal to reauthorize...

  • Putting Your Transportation Dollars to Work. DUTTON, AUDREY // Bond Buyer;3/26/2009, Vol. 367 Issue 33087, p6A 

    The article discusses the new set of guidelines and regulations issued by the U.S. Department of Transportation on stimulus funding to states and metropolitan planning organizations (MPOs). Under the new regulations, if states and regional councils fail to commit a minimum of 50% of their funds...

  • States Compete for $30M in Federal Grants for Intercity Rail. Dulton, Audrey // Bond Buyer;8/6/2008, Vol. 365 Issue 32934, p5 

    The article reports that more than 20 states in the U.S. are competing for $30 million in federal grants to help finance intercity passenger-rail projects, through the first federal-state partnership of its kind at the Department of Transportation. The Federal Railroad Administration will select...


Read the Article


Sign out of this library

Other Topics