Shearman And Sterling

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Mar 11, 2015

States Take More Active Role in Surface Transportation Funding

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Fiscal constraints on state budgets coupled with continued uncertainty with respect to future levels of federal surface transportation funding have led states to diversify the funding sources for their transportation projects. We summarize below the recent legislative proposals made by states to address this funding gap, as well as the current status of federal support for infrastructure projects, including those structured as public-private partnerships (P3s).

View full memo, States Take More Active Role in Surface Transportation Funding

Authors and Contributors

Paul Epstein

Partner

Project Development & Finance

+1 212 848 5266

+1 212 848 5266

New York

Cynthia Urda Kassis

Partner

Project Development & Finance

+1 212 848 7969

+1 212 848 7969

New York