Build America Bureau sports 'huge pipeline' of transportation projects

The Biden administration’s Build America Bureau expects to close on $19.5 billion of transportation infrastructure projects in the next 18 months, executive director Morteza Farajian told the American Association of State Highway and Transportation Officials last week. “There’s a huge increase in the number of projects that we have in the pipeline right now,” he said.

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With the acceleration of technology in all markets, firms are trying to create solutions to process data — from issuer offering documents and continuing disclosures to trades and pricing and evaluations — and turn it into digestible, usable forms. For an illiquid, over-the-counter market with more than 50,000 issuers and a million securities outstanding, challenges stand in the way of combing through the massive and disparate data out there, but advances are coming at a faster clip, market participants said.

Read the newest research from The Bond Buyer on how environmental, social and governance factors fit into the municipal bond landscape.?

Chicago’s former chief financial officer, Jennie Huang Bennett, has landed at the University of Chicago . Bennett joins the university as associate vice president of finance. She served as Chicago’s CFO under former Mayor Lori Lightfoot from 2019 to earlier this year when Lightfoot lost her re-election bid.

Click to see the first half’s top issuers , underwriters , and financial advisors .

Municipals improved Friday to close out a week of more gains despite some U.S. Treasury volatility, positioning the asset class to see historically high returns for the month.?

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Check out our most recent Rising Stars and the second class of Muni Hall of Famers .

Moody's Investors Service affirmed its negative outlook on mass transit , highlighting the San Francisco Bay Area Rapid Transit District as an example. The rating agency said the nation's transit systems are confronting a largely stagnant ridership recovery and exhaustion of federal pandemic aid.

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New York City has put together what city leaders say is a first-of-its-kind plan to use artificial intelligence in municipal government. The blueprint aims to develop a framework for city agencies to evaluate AI tools and weigh the associated risks while helping city employees build their AI knowledge and skills.

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