Tuesday, April 14, 2009

Economic Stimulus Funds 2000 Transportation Projects

The 2,000th transportation project under the American Recovery and Reinvestment Act (ARRA) recently received funding. The 2,000th project is in Kalamazoo County, Michigan. The $68 million project involves widening of I-94 from two lanes both east and westbound to three lanes in each direction. The project will improve safety and ease congestion by providing a more efficient interchange.

State departments of transportation around the country have reported to Federal Highway Administration intense competition by contractors for ARRA projects. Bids have been roughly 15 to 20 percent lower on average, and as much as 30 percent lower in some cases, than engineers anticipated.

ARRA provides a total of $48.1 billion for transportation infrastructure projects to be administered by the U.S. Department of Transportation (DOT). Of that $27.5 billion is for highways and bridges, $8.4 billion is for transit, $8 billion is for high speed rail, $1.3 billion is for Amtrak, $1.5 billion is for discretionary infrastructure grants $1.3 billion is for airports and Federal Aviation Administration facilities and equipment and $100 million for shipyards.

Read the full DOT news release here.

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