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NDOT director highlights bond rating, NEPA assignment progress and federal funding uncertainty
Summary
NDOT Director Kramer told the State Highway Commission that S&P reaffirmed the department's bond rating, that NDOT expects an MOU to take on NEPA work for more complex projects, and that a federal continuing resolution has slowed some FHWA grant activity while the agency prepares for an infrastructure-bonding announcement.
Director Vicky Kramer told the Nebraska State Highway Commission on Jan. 16 that the department had received a reaffirmation from S&P of its bond rating and is preparing to use innovative financing tools while federal budget uncertainty creates near-term delays. "S and P has reaffirmed our...rating," Kramer said, calling it "good news for the department" and crediting staff work on the bonding program.
Kramer reviewed personnel changes at NDOT: Marcy Keane has been named commission secretary and Nicole Bogan is filling the chief counsel role as Jeff Schroeder transitions to retirement. The…
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