$280 Million in ODOT TRAC Requests Creates Substantial Competition and Interest in P3s and EB-5 Transportation Funding
The Montrose Group.
Funding for “major new capacity projects” with the Ohio Department of Transportation (ODOT) are awarded through the Transportation Advisory Council (TRAC). Applications for TRAC funding were due on July 31, 2017, and 13 projects filed for a total of $280 M. The Ohio Transportation Budget, House Bill 26, recently enacted allocated $59.5 M in funding for Major New Program funding per year in the FY 2018-FY 2019 biennium, considerably less than the amount spent in this area during FY 2017. The high demand for state transportation funding will create substantial competition through the TRAC process as well as interest in exploring alternative P3 funding options. Click HERE for the full article. For access to the full article, click HERE.
Seventh Annual Appalachian Ohio State of the Region Conference
Changing the Narrative
Using Rural Wealth Creation to Transform the Region
OCEA is excited to host its annual conference at the Embassy Suites in Dublin, OH on May 23-25, 2018. Our theme is “The Power of Partnerships!” and the program will include valuable content for attendees from two-year colleges, universities, and employer partners.read more
The 16th Annual
I-70/75 Economic Development Summit
May 24, 2018
Sinclair Community College