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LaHood tells states * USA - Use saved money on other projects
A group of senior officials from across the DOT, known as the Transportation Investment Generating Economic Recovery (TIGER) team is monitoring the program to make sure the money is rapidly made available and that the spending is closely monitored and transparent to the public
Washington,DC,USA -The Trucker News -20 April 2009: -- Transportation Secretary, Ray LaHood, has reminded the nation’s governors and state Secretaries of Transportation that any money they save on transportation projects paid for with American Recovery and Reinvestment Act dollars must be used for additional transportation projects... In a letter released today, LaHood said that across the country, reports are showing that contractor bids to build and repair transportation networks are coming in substantially below the original engineering estimates... In some cases, thanks to fierce competition for the work and the low price of petroleum, bids are 10, 20 and even 30 percent lower than expected, the DOT said... In the letter, LaHood urged the governors and transportation secretaries to take those cost savings and use the money for additional projects that will put more people to work...
Labels: Obama's Administration
posted by Unknown @ 4:39 PM
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