CBO should consider states have projects "ready-to-go"
Jan. 22, 2009
A recent analysis of the speed of spending transportation dollars as part of the economic recovery bill is based on "business as usual" and clearly underestimates the ability of the states to deliver ready-to-go projects, says AASHTO.
A recent analysis of the speed of spending transportation dollars as part of the economic recovery bill is based on "business as usual" and clearly underestimates the ability of the states to deliver ready-to-go projects, says AASHTO.
"State DOTs right now are moving to advance thousands of projects, so that contracts can be let in 120 days, as the House bill has proposed," said John Horsley, Executive Director of the American Association of State Highway and Transportation Officials (AASHTO). "Those projects will enable the transportation industry to keep people at work, and bring construction workers back on the job very quickly. As late as last Friday we asked the state DOTs if they are prepared to have 50 percent of the $30 billion under contract within 120 days, as the House bill stipulates. They responded, "Yes, we can!"
"CBO is basing its analysis on past practices for six-year bills, and then projecting more delay that it imagines will take place. This is a new day, a new challenge, and states will deliver on the promise they have made to Congress and to President Obama. We are ready to move. All we need is the green light to proceed."
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