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177 highway improvement projects underway or completed in Oklahoma thanks to stimulus law

177 highway improvement projects underway or completed in Oklahoma thanks to stimulus law

EarthTimes.org

Author: American Road & Transportation Builders Association

Press Release

WASHINGTON, March 8 /PRNewswire-USNewswire/ --  There are currently 177 American Recovery & Reinvestment Act (ARRA)-financed highway construction projects underway or completed in Oklahoma involving $412.6 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 11,479 jobs in Oklahoma 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 $464.7 million to Oklahoma for highway, bridge and related improvements.  This one-time bonus added more than 92 percent to Oklahoma'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 $969.4 million... FULL ARTICLE

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