150 Highway Improvement Projects Underway or Completed in Georgia Thanks to Stimulus Law
WASHINGTON, March 8 /PRNewswire-USNewswire/ -- There are currently 150 American Recovery & Reinvestment Act (ARRA)-financed highway construction projects underway or completed in Georgia involving $465.8 million in funds, according to data released today by the Washington, D.C.-based American Road & Transportation Builders Association (ARTBA). The projects underway or completed have supported or are supporting 12,960 jobs in Georgia that would otherwise not exist, says ARTBA Vice President of Economics & Research Dr. Bill Buechner.
ARRA, signed into law on February 17, 2009, provided $48 billion for transportation improvements over two years, including $27.5 billion for highway, bridge and related construction projects nationwide. The law is having significant impacts on the transportation construction industry in all 50 states.
ARRA provided $932.8 million to Georgia for highway, bridge and related improvements. This one-time bonus added more than 81 percent to Georgia's regular federal highway funds under the current federal surface transportation law – Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU) – bringing the state's total federal highway funding in 2009 to a record $2.08 billion.
According to Buechner, a Harvard-trained economist, another 193 projects have been identified and are slated to be under construction shortly.
The following shows the number of ARRA-financed highway projects and amount obligated in each
Georgia congressional district.
Congressional District |
Number of projects |
Amount Obligated |
|
1 |
34 |
$86,665,347 |
|
2 |
43 |
$86,835,121 |
|
3 |
38 |
$85,771,226 |
|
4 |
19 |
$56,778,387 |
|
5 |
12 |
$38,240,488 |
|
6 |
23 |
$66,378,240 |
|
7 |
8 |
$63,631,194 |
|
8 |
31 |
$117,272,487 |
|
9 |
22 |
$21,766,493 |
|
10 |
43 |
$87,392,499 |
|
11 |
18 |
$42,277,506 |
|
12 |
37 |
$43,465,818 |
|
13 |
13 |
$39,155,780 |
|
Multidistrict |
2 |
$1,171,095 |
|
A full report can be obtained by contacting ARTBA's Jeff Solsby at [email protected] or 202-289-4434.
For 108 years, ARTBA has represented the U.S. transportation design and construction industry before Congress, the White House, federal agencies, news media and general public.
SOURCE American Road & Transportation Builders Association
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