DOT taps P3 center to help with rollout of infrastructure law - Bond Buyer

With all eyes on implementation of the $1.2 trillion infrastructure law, the U.S. Department of Transportation has tapped a new academic center to push for more public-private partnerships and provide assistance to the thousands of local governments in line for a slice of the transportation funding.

The DOT on April 8 announced a $5 million grant to the University of Maryland to establish the Build America Center. It replaces a similar project finance center hosted by the American Association of State Highway and Transportation Officials, which primarily represents state departments of transportation.

The Build America Center won the USDOT grant in part because it proposed expanding assistance and research to smaller, local governments that will for the first time be receiving direct federal funds under the Infrastructure Investment and Jobs Act, also known as the Bipartisan Infrastructure Law, said Qingbin Cui, professor of civil engineering at the University of Maryland and director of the new Build America Center.

source: https://www.bondbuyer.com/news/dot-taps-p3-center-to-help-with-rollout-of-infrastructure-law

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