Looks like things are moving along with the stimulus package and highway construction. But get ready for battle.
President Barack Obama today announced funding for the 2,000th transportation project under the American Recovery and Reinvestment Act (ARRA).
But securing funding for these projects is apparently intense competition. Think The Ohio State University vs. University of Michigan. Or Chicago White Sox vs. Chicago Cubs. Or University of Alabama vs. Auburn University. You get the picture.
According to the U.S. DOT, state departments of transportation around the country have reported to the Federal Highway Administration intense competition by contractors for ARRA projects. Bids have been roughly 15 to 20 percent lower on average, and as much as 30 percent lower in some cases, than engineers anticipated.
