Public Works Financing

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A newsletter on Infrastructure Development and Public-Private Partnerships.

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Most Recent PWF Articles

Apr 30, 2026

Modal Angst on the D.C. Beltway

American transport policy is more modally partisan today than it has been in the past.

Apr 29, 2026

Groundbreaking for SR‐400 in Atlanta

The largest public-private partnership (P3) in U.S. history finally broke ground in April.

Apr 28, 2026

A Managed Lanes Data Gold Mine

For anyone interested in details about managed lanes financed by revenue bonds, the annual review of this topic by Fitch Ratings is a uniquely valuable resource.

Apr 27, 2026

Calcasieu River Bridge Replacement Starts Major Construction

April’s groundbreaking marks the end of one saga and the beginning of another.

Apr 24, 2026

Brightline West Gets Investment Deadline Extension, East Raises Liquidity Warning

The firm’s sister company, Brightline Florida, which operates a high-speed rail network in Florida, is also looking to raise additional equity investment to avoid a debt restructuring.

Apr 23, 2026

Comparing Public-Private Partnership with Traditional Delivery of Transportation Projects: A Duration Analysis

Academic Perspectives on Public-Private Partnerships

Apr 22, 2026

What Canada’s New Strong Fund Could Mean for its P3 Industry

The Canadian government has announced that it is creating a massive new sovereign development fund, called the Canada Strong Fund, to invest in national infrastructure projects.

Mar 31, 2026

Why Value‐for‐Money is Still a One‐Sided Burden

Many P3s seeking federal credit assistance will need to complete and publish a rigorous, quantitative and perhaps even audited VfM analysis. Non-P3 projects will still never have to do so.