Monthly Archives: July 2012
Posted in Current Events | Employees | Leadership by Jillian Ibbs (Marketing) on July 25, 2012
At Larson Design Group, we believe that our employees are our greatest asset. In this new feature, we’ll profile some of the staff members who contribute to our success. This month the spotlight is on Robert Murphy, Senior Project Manager in our Lititz office. Bob is both a licensed Professional Engineer and a Professional Geologist.
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Posted in Codes & Regulations | Current Events | Politics | Transportation by Steve Muller (Manager of Client Development) on July 11, 2012
Last summer and into the fall, we heard about Governor Corbett’s Transportation Funding Advisory Council (TFAC) and their recommendations to fund the necessary transportation improvements in Pennsylvania. You can read my previous post regarding the TFAC here. Well, a foundational part of the TFAC report was approved two weeks ago by the PA Legislature, and on Thursday, July 5th, Governor Corbett signed this legislation into law.
The key bill, House Bill 3, allows public-private partnerships, or P3′s, to be formed where private equity is used to fund transportation improvements in PA. This private investment will fund roads, bridges and other transportation infrastructure improvements, instead of using tax-payer dollars. The private investment group then gets a return on their investment through user fees or tolls that they are allowed to levy on the transportation element that is improved. This offers the investor a consistent revenue stream, and gets Pennsylvanians a roadway, bridge, railway or other transportation on a faster time table than can be done with public revenue streams.
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