State DOTs Use Recovery Funds to Put Thousands to Work
States award contracts and then pay contractors up-front to begin working. The federal government will then reimburse the states, which can take up to 45 days. - Courtesy of Mendoza Associates
The facts speak for themselves; states have demonstrated success in moving forward with transportation and construction projects. It remains to be seen how these projects will directly affect the landscape industry.
Directors of state departments of transportation from more than a dozen states described at a Seattle news conference the rapid pace of delivering jobs and highway projects to bolster the nation’s economic recovery.
Nationwide, 2,000 construction projects are now underway, worth more than $6 billion. A total of 5,600 projects have been identified and approved for bidding, which means that a total of $16.7 billion will be flowing into the economy over the next two years. – Courtesy of AASHTO
