Nationwide 1,500 Transportation Projects are Underway

According to Acting Deputy Administrator of the Federal Highway Administration Jeff Paniati, as of June 24, 5,000 projects valued at $15.7 billion have been approved by the agency, representing 59 percent of total funds. He also noted that 15 states have obligated 80 percent of their funds, and Maine has obligated 100 percent. – Courtesy of img.wallpaperstock.net

An influx of transportation projects is great news for those in the construction industry. Many states have done their homework in allocating funds for specific projects. All state departments of transportation have succeeded in meeting the June 30 deadline for obligating half their highway economic recovery funds, according to testimony at a House oversight hearing. As of June 19, 1,500 projects were already underway in 45 states. Those projects will create or sustain 50,000 jobs, federal officials reported. – Courtesy of AASHTO