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.
Top Posts & Pages
- Warden who lives hundreds of miles from jail resigns
- BankPlus recognized for alternative program to payday lending
- Jail kitchen supervisor pleads guilty to stealing food
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Analyst: KiOR Columbus plant may end up sold as scrap
- Top 10 finalists chosen for C Spire Conerly Trophy
- Prison-contract task force working in wake of Epps' indictment
- Stricklin: Deer parasites don't affect quality of venison
- Bryant wants free tuition for students with technical diploma