April 20, 2016
From InfraAmericas

by Eugene Gilligan

Many in the US P3 industry likely experienced a sense of shock when the Fixing America’s Surface Transportation (FAST) Act was passed with significant cuts to the TIFIA program. InfraAmericas’ senior reporter Eugene Gilligan looks at whether the cuts may actually impact future P3 projects.
Marcus Lemon, shareholder at Polsinelli and former FHWA Chief Counsel who worked to streamline the TIFIA program during President George W. Bush’s administration, said that the TIFIA program has been a “phenomenal success,” and that rather than cutting the TIFIA program, the federal government should be looking at ways to expand it.
Lemon said that the cutback is symptomatic of legislators’ continued consideration of transportation as “a low priority.” 

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