Pennsylvania pricing $1.9 billion for P3 bridge program
The borrowing, which will be backed by availability payments, will finance the first six of the state's nine-span Major Bridges P3 program.
Source: bondbuyer.com
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The borrowing, which will be backed by availability payments, will finance the first six of the state's nine-span Major Bridges P3 program.
PennDOT could appeal to the state supreme court, but if not, the Pennsylvania P3 law may need to be rewritten.
Pennsylvania has the second-most bridges rated “poor” in the nation – behind only Iowa –according to the Federal Highway Administration.
Pennsylvania has the second-most bridges rated “poor” in the nation – behind only Iowa –according to the Federal Highway Administration.