A Metropolitan Washington Airports Authority Board proposal to raise rates at the Dulles Toll Road's mainline plaza by 75 cents and at ramps by 50 cents would increase revenue by an estimated 29%. The increases, proposed to go into effect in January, would be used to fund the Silver Line rail extension.
The West Virginia Turnpike is offering an unlimited E-ZPass in advance of a toll increase to $4 that becomes effective Jan. 1. The $24 passes will be good for the next three years.
The Transportation Authority of Marin in Marin County, Calif., is considering requesting a $2.1 million advance on toll revenue from the Metropolitan Transportation Commission to complete a rail station. The request would ask for funds proposed by Regional Measure 3, a recent successful ballot initiative.
Greater competition for engineering, procurement and construction contracts in India has driven down costs by as much as 25% over the past few years. The government's transition to a hybrid annuity model has increased competition for EPC projects.
Transportation officials have modified three proposed routes for the Interstate 69 Ohio River Crossing between Kentucky and Indiana, and they anticipate making a final decision in the fall. Tolling is being considering for the project, but no decision has been made.
America's infrastructure would be stronger if the country invested more consistently rather than spending based on political and economic fluctuations, writes David Siegel of Two Sigma Investments. The US should spend more than the 2.4% of gross domestic product currently being spent on infrastructure because "the rewards would be greater American innovation, opportunity and economic growth," Siegel writes.
Four new international standards for building information modeling are planned by the British Standards Institution, the first two of which are due later this year. When issued, they will be first of their kind globally and in the UK will replace the PAS 1192 series of standards.
Technology is only slowly making inroads in the construction industry, and one hindrance might be guaranteed maximum price bidding that reduces contractor incentives for efficiency. One answer to the problem may lie in the golfing concept of par, or establishing "an objective benchmark -- a way to measure excellence in an industry that doesn't reward productivity," writes Autodesk's Sarah Hodges.
Seek out people in your organization who have leadership skills and get them involved in the parts of the business you oversee; for example, include them in your meetings, CEO Kara Goldin writes. Give them responsibilities such as allowing them to lead some meetings, and give them guidance without trying to solve problems for them.
A cycle of perpetual learning, adaptation and influencing can be hard to achieve but is critical for leaders, Art Petty writes. "Adding complexity to this challenge is the reality that our organizations are mostly designed to optimize the status quo," he notes.