255 Highway Improvement Projects Underway or Completed in Florida Thanks to Stimulus Law
WASHINGTON, March 8 /PRNewswire-USNewswire/ -- There are currently 255 American Recovery & Reinvestment Act (ARRA)-financed highway construction projects underway or completed in Florida involving $768.8 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 21,391 jobs in Florida 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 $1.35 billion to Florida for highway, bridge and related improvements. This one-time bonus added more than 80 percent to Florida'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 $3.04 billion.
According to Buechner, a Harvard-trained economist, another 292 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
Florida congressional district.
Congressional District Number of projects Amount Obligated ---------------------- ------------------ ---------------- 1 19 $17,275,533 2 36 $25,148,363 3 6 $7,602,215 4 16 $152,511,531 5 44 $70,524,544 6 21 $15,664,906 7 24 $11,857,833 8 18 $38,698,025 9-11 5 $107,662,869 12 2 $667,960 13 26 $31,489,301 14 15 $81,027,316 15 28 $34,556,298 16 22 $87,851,653 17 27 $26,355,207 18 47 $32,255,523 19 2 $7,359,765 20 9 $2,345,154 21 22 $9,970,490 22 7 $46,576,623 23 6 $22,756,142 24 10 $6,688,771 25 34 $12,046,480 Multidistrict/Statewide 100 $420,221,923
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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