North Carolina Awards $165.9 Million For Highway And Rail Projects
Governor Bev Perdue announced today that 30 contracts totaling $165.9 million have been awarded for highway and rail projects across North Carolina, including eight projects funded through the American Recovery and Reinvestment Act.
The N.C. Department of Transportation awarded the contracts to the lowest bidders, as required by state law. A list of the projects are attached.
“These projects will provide much-needed work for people across North Carolina,” Perdue said. “Not only will they stimulate the economy by putting people to work, they will have a long-term impact on commerce by improving critical transportation infrastructure.”
According to the Federal Highway Administration, every $1 million spent on transportation creates 30 jobs, and according to the construction industry, every dollar invested in transportation generates $6 in economic impact.
The eight recovery projects are located in Anson, Brunswick, Buncombe, Catawba, Clay, Dare, Jackson and Stanly counties.
The 22 other projects are located in Anson, Ashe, Avery, Beaufort, Bertie, Brunswick, Catawba, Forsyth, Graham, Granville, Greene, Guilford, Haywood, Iredell, Jackson, Lenoir, Rowan, Scotland, Swain, Union, Watauga, Wayne, Wilson and Vance counties.
The bids received on all 30 projects advertised came in 10.5 percent, or about $19.5 million, below NCDOT estimates.
For more information about funding for infrastructure improvements in North Carolina, as well as other NCDOT projects and activities, visit www.ncdot.gov.
February Letting – Project List.doc
Topics: 2010, American Recovery and Reinvestment Act, Anson, ARRA, Ashe, Avery, Beaufort, Bertie, Brunswick, Buncombe, Catawba, Clay, commerce, construction, Dare, economic development, economic growth, economic recovery, Economy, employment, Federal Highway Administration, Forsyth, Governance, government, Governor Bev Perdue, Graham, Granville, Greene, Guilford, Haywood, highway, Iredell, Jackson, jobs, Lenoir, lowest bidders, monitor, N.C. Department of Transportation, NCDOT, news, North Carolina, rail projects, Rowan, Scotland, Stanly, state law, Swain, transportation, U.S., union, United States, Watauga, Wayne, Wilson, workforce
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