IBTTA discussing investment for US highways

A debate run on Tuesday June 21st by the International Bridge Tunnel and Turnpike Association (IBTTA) will discuss funding problems for the US highway network. Portions of the interstate highway system are more than 50 years old. According to IBTTA, the interstate system is crumbling due to neglect, lack of maintenance, and inadequate funding. From an initial investment of US$129 billion the cost to first build the Interstate highway system, it will now cost the US from $1.3 trillion - $2.5 trillion to rebu
April 19, 2012 Read time: 2 mins
A debate run on Tuesday June 21st by the International Bridge Tunnel and Turnpike Association (63 IBTTA) will discuss funding problems for the US highway network. Portions of the interstate highway system are more than 50 years old. According to IBTTA, the interstate system is crumbling due to neglect, lack of maintenance, and inadequate funding. From an initial investment of US$129 billion the cost to first build the Interstate highway system, it will now cost the US from $1.3 trillion - $2.5 trillion to rebuild the Interstate system over the next 50 years. Where will this money come from? And how will we stimulate the political will and public resolve to protect our investment and the vital economic lifeline it represents? These are the topics under focus. In a newly published paper, Ed Regan and Steven Brown of 4047 Wilbur Smith Associates explore the options for rebuilding America’s interstate highway system, taking a fresh look at the assumptions and political decisions about funding that have set us on our present course. Using new analyses and case studies, Regan and Brown point the way to an interstate highway renaissance, emphasising that states need new options and fewer restrictions on methods to fund and rebuild this precious American resource. Join IBTTA in person or via the live webcast for the 90-minute discussion

For more information on companies in this article

Related Content

  • US DOT announces funding opportunity to improve bus service nationwide
    March 31, 2016
    The US Department of Transportation’s Federal Transit Administration (FTA) has announced the opportunity to apply for approximately US$266 million in competitive grant funding for bus programs nationwide. The funding consists of US$211 million in grants for buses and bus facilities projects, as well as US$55 million specifically for FTA’s Low and No Emission (Low-No) bus program, which promotes technologically-advanced and environmentally-friendly buses. These investments will help advance the President’
    Read More
  • Trump unveils U.S. infrastructure investment
    February 13, 2018
    U.S. president Donald Trump has announced that he wants Congress to approve $200bn (£144bn) bill, which he said will stimulate another $1.3tn (£9bn) in improvements as part of his plan to fix the country’s infrastructure. One intention of the proposal is to eliminate regulatory barriers and offer more flexibility to transportation projects that are currently required to seek Federal review and approval. $100bn (£72bn) of the proposed bill will create an Incentives Program to spur additional dedicated fund
    Read More
  • Kapsch ‘opens the way’ to interoperability
    July 30, 2013
    Richard Turnock, chief technology officer of Kapsch TrafficCom North America explains what advantages its newly-opened TDM protocol can offer as a US-wide standard for tolling interoperability. The electronic tolling industry across the United States is evolving. Historically it was characterised by clusters of interoperability where a motorist may be able to use the same transponder across a large area, such as the 15-State E-ZPass system, or be confined to a single State system. Now, however, the industry
    Read More
  • IBTTA calls it for Biden
    November 10, 2020
    Tolling organisation releases statement congratulating US president-elect
    Read More

Highlighted Content