63 Highway Improvement Projects Underway or Completed in Idaho Thanks to Stimulus Law
WASHINGTON, March 8 /PRNewswire-USNewswire/ -- There are currently 63 American Recovery & Reinvestment Act (ARRA)-financed highway construction projects underway or completed in Idaho involving $167.6 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 4,663 jobs in Idaho 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 $181.9 million to Idaho for highway, bridge and related improvements. This one-time bonus added more than 74 percent to Idaho'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 $426.8 million.
According to Buechner, a Harvard-trained economist, another 7 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
Idaho congressional district.
Congressional District |
Number of projects |
Amount Obligated |
|
1 |
37 |
$90,651,667 |
|
2 |
27 |
$79,809,591 |
|
Multidistrict |
6 |
$4,963,767 |
|
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
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article