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

  • Rapid growth makes Texas an incubator for tolling innovation
    September 8, 2014
    As the IBTTA’s annual meeting and exhibition heads for Austin, Mitchell Beer, president of Smarter Shift, considers the role of Texas in the development of tolling strategies and technology. The State of Texas has always prided itself on being ‘larger than life’. From the sprawling geography of the state itself with its wide open skies, to its entrepreneurial ‘get-it-done’ attitude, Texas exudes an impatient restlessness that pushes businesses and public agencies to deliver faster, better results. More ofte
    Read More
  • ASECAP widens its influence and fosters debate in Dubrovnik
    August 5, 2013
    Jason Barnes reports from the ASECAP Days 2013 event, which took place in Dubrovnik. ASECAP, the European tolling association held its 41st annual Study and Information Days event in Dubrovnik, Croatia, which attracted more than 200 figures from the road infrastructure sector in Europe and beyond. A series of presentations over two days brought attendees up to date with developments in a variety of policy and technology fields and discussed a number of developing and new topics, such as GNSS-based tolling a
    Read More
  • ITS projects deliver return on investment
    December 3, 2012
    Light is being shed on where the real return on investment is today – growing, tangible, revenue-generating markets like ITS. There is a great deal of investment going on within the ITS space, and a great deal of external interest in investing in ITS,” says Scott Belcher, President and CEO of ITS America, which has been connecting investors with technology firms ripe for investment. Interested parties include the leading investment banking firm Raymond James. Its managing director, Gary Downing says: “ITS i
    Read More
  • Vermont approves US$685.7 million transportation bill
    June 4, 2014
    Vermont plans to spend a record US$685.7 million on transportation projects under legislation signed by Governor Peter Shumlin. The FY 2015 Transportation Bill contains the largest investment in transportation infrastructure in state history. The bill provides for infrastructure improvements and maintenance and supports the Agency of Transportation’s (VTrans) vision of a safe, efficient, multimodal transportation system that promotes Vermont’s quality of life and economic growth. It also supports the contin
    Read More

Highlighted Content