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USDOT providing nearly $64B for transportation investments

USDOT providing nearly $64B for transportation investments

Transportation Today

The U.S. Department of Transportation (DOT) will make available more than $63.9 billion in multimodal discretionary and formula transportation investments by the end of fiscal year 2018.

DOT will also make available $1.6 billion in FY 2017 discretionary funds.

The investments and funds are part of the department’s goal of addressing the nation’s long-awaited infrastructure issues and using seed money to encourage additional infrastructure investment by states, localities and private sector partners... FULL ARTICLE

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