Valve Magazine


Last updateFri, 02 Oct 2015 9am

The Case for a Severe Service Standard

The Case for a Severe Service Standard

At this time, no national standards exist that cle...

Commercial Construction on the Rise

Commercial Construction on the Rise

“While single family building normally dominates t...

Adding Value through Positioner Diagnostics

Adding Value through Positioner Diagnostics

Industrial plants are tasked with reducing costs a...

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U.S. Added 142,000 Jobs in September

2 DAYS AGO  |  Chris Guy

Total nonfarm payroll employment increased by 142,000 in September, and the unemployment rate was unchanged at 5.1%, the U.S. Bureau of Labor Statisti...

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CBO: What an Infrastructure Bank Would Mean for U.S.

Last week the Congressional Budget Office (CBO) released a report weighing the potential benefits and/or drawbacks of the proposed infrastructure bank.

An infrastructure bank, the CBO says, could play a limited role in enhancing investment in surface transportation projects by doing the following:

  • Providing new federal subsidies (in the form of loans or loan guarantees) to a limited number of large projects, and
  • Allowing the benefits of potential projects to be more readily compared in a competitive selection process.

A potential advantage of such a bank is that it could encourage sponsors of projects to charge users for the benefits they receive, which would mean that the subsidies to such projects could be a small percentage of total costs. A second potential advantage is that the selection process could overcome certain barriers to the financing of multijurisdictional or multimodal projects.

A key limitation of providing funding through a federal infrastructure bank is that only some surface transportation projects would be good candidates for such funding, because most projects do not involve tolls or other mechanisms to collect funds directly from project users or other beneficiaries.

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Valve Magazine Digital Edition

Valve Magazine Summer 2015Inside the Summer 2015 issue…

• Critical Service
• Effects of Flashing/Cavitation
• Coatings and Wastewater Apps
• The Latest in R&D