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27 Highway Improvement Projects Underway or Completed in South Dakota Thanks to Stimulus Law

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WASHINGTON, March 8 /PRNewswire-USNewswire/ -- There are currently 27 American Recovery & Reinvestment Act (ARRA)-financed highway construction projects underway or completed in South Dakota involving $138.7 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 3,858 jobs in South Dakota 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 $186.9 million to South Dakota for highway, bridge and related improvements. This one-time bonus added more than 86 percent to South Dakota'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 $1.18 billion.

According to Buechner, a Harvard-trained economist, another 23 projects have been identified and are slated to be under construction shortly.

A full report can be obtained by contacting ARTBA's Jeff Solsby at jsolsby@artba.org 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


 
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