Abstract: This article describes how there is plenty of work to be had for highway contractors. Understanding it can be a long old row to hoe from Washington to your local jobsite, Stimulus funds have been and are still available for highway contractors everywhere in the country. Persistence is where it starts. The article describes how a lot of contractors have written off some of this money, because they haven’t seen a tangible benefit to it. It’s still a ton of money, on top of which Congress just passed a transportation spending bill for Fiscal Year 2011, which begins Oct. 1. That’s not new money per se, but what it does is shore up funding for projects that are in the hopper across departments of transportations (DOTs) and regional governments. That’s pretty meaningful as well. It’s not just stimulus; it’s ongoing funding for transportation operations. Approved last year, the American Recovery and Reinvestment Act made $275 billion available in federal contracts, grants and loans, only a fraction of which were earmarked for transportation. The article also describes how the bulk have yet to make their way all the way through the system to the contractors and subcontractors.
Publication Year: 2010
Publication Date: 2010-09-01
Language: en
Type: article
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