Infrastructure Finance - Coverage Report Q3 2018

Q3 2018

Most of our major bridges, tunnels, highways, dams and ports are nearly 60 years old and, in some cases, older. The average age of the bridges and tunnels around New York City is 90 years with the oldest built in 1848 and the newest in 1999.  Much of the older infrastructure is located in highly populated areas. The lack of leadership at all levels of government including Local, State, and Federal Governments has created uncertainty within both the domestic and foreign capital markets, creating significant funding gaps that need to be filled.

Key Contacts

Chris Smith

Managing Director

Bill Sprague

Managing Director