Road funding hits $20B
Published: November 6,2009
WASHINGTON — The Federal Highway Administration crossed the $20-billion mark in approved obligations for highway, road and bridge projects this week. Of the $26.6 billion available for federal highway and bridge projects under the American Recovery and Reinvestment Act, more than 75 percent has now been obligated.
The $36-million replacement of the I-25/Alameda bridge in Denver, Col., pushed the FHWA past the milestone. The project’s approval capped one of the busiest months of highway spending, with nearly $760 million approved.
To date, nearly 8,500 highway projects have been approved and nearly 5,000 are underway.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- White House hotel making comeback in Biloxi
- McCarthy hired as CFO of Mississippi Development Authority
- State GOP chairman calls on McDaniel to hurry with challenge
- Fair cabins becoming more valuable, sources say
- MARTIN WILLOUGHBY — Tyler Raborn finds success and fulfillment with Raborn Media
- Guns OK inside Mississippi polling places, attorney general says
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Supreme Court deals blow to McDaniel's election challenge
- Three indicted, alleged to have embezzled from agency
- Under state probe, All American Check Cashing gets ‘F’ rating from Better Business Bureau