Pensacola Bay Bridge Barge Damage Worse Than First Thought
Posted by North Escambia on Sep 25th 2020
Barge damage to the Pensacola Bay Bridge during Hurricane Sally is worse that first thought, and there is no timetable yet for the repair.“The department understands how critical this facility is to the community and is also working to develop the repair plan necessary to restore the bridge back to a condition that will last for decades to come. These efforts are being done as
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CBO: Highway Trust Fund will be Exhausted in 2021
Posted by Jessica Lombardo on Sep 10th 2020
According to the Congressional Budget Office’s (CBO) current baseline budget projections, spending from the governments collective trust funds is projected to exceed income by $18 billion in 2021, a deficit that grows to $502 billion by 2030.Over the 2021–2030 period, CBO projects a cumulative trust fund deficit of $2.3 trillion, on net. That amount is $130 billion (or 6 percen
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The COVID-19 conundrum: Money is available for new construction projects, but few are breaking ground.
Posted by Joe Bousquin, Aug 24 2020 on Sep 1st 2020
Even in a coronavirus-challenged environment, there's money available to build new projects; what's rare is finding an owner who is willing to break ground.That's the takeaway of several observers who have noted a dearth of new construction projects coming to market. Lenders and financiers still want to back good projects, but fewer developers are willing to take the risk durin
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