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Rail News Home Rail Industry Trends

10/13/2023



Rail News: Rail Industry Trends

PennDOT calls for P3 proposals; Iowa awards rail grants, loans


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The Pennsylvania Department of Transportation Office of Public-Private Partnerships (P3) is accepting unsolicited proposals for transportation projects from the private sector through Nov. 10.

The submission period applies to PennDOT-owned projects and infrastructure. The private sector can submit proposals for "innovative ways to deliver transportation projects" across rail, roads, bridges, aviation and ports. Proposals also can include more efficient models to manage existing transportation-related services and programs, according to a PennDOT press release.

The private sector may also submit applications for non-PennDOT-owned assets directly to the P3 board during this time. Transportation entities outside of the governor's jurisdiction, such as transit authorities, may establish their own timelines or accept proposals year round.

The state's P3 law allows PennDOT and other transportation authorities and commissions to partner with private companies to participate in delivering, maintaining and financing transportation-related projects. More information about the process is available here.

Meanwhile, the Iowa Transportation Commission approved $2.69 million in funding for two infrastructure and related rail-development projects under the Railroad Revolving Loan and Grant (RRLG) Program.

The commission approved a $1.4 million grant and $715,000 loan for the New Horizons switching-track and additions project slated in Clinton County.

In addition, the panel gave the green light to a $424,000 loan and $144,000 grant to help fund a project to build a rail spur at the Green Plains Inc.'s Shenandoah clean-sugar plant in Fremont County.

The funded projects are expected to support the creation and retention of 129 jobs within three years of completion, according to an Iowa Department of Transportation press release.



Contact Progressive Railroading editorial staff.

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