(Demo) Road and Bridges May 2010 : Page 14
“The Highway Users applauds Secre- tary LaHood’s decision to keep Interstate 80 toll-free,” the organization said in a statement. “We agree with the secretary that federal law does not permit I-80 tolling plans to move forward.” ECONOMY Construction spending still declining Construction spending during Febru- ary was estimated by the U.S. Commerce Department at a seasonally adjusted an- nual rate of $846.2 billion, 1.3% below the revised January estimate of $857.8 billion. The February fi gure is 12.8% below the February 2009 estimate of $970.4 billion. During the fi rst twomonths of this year, construction spending amounted to $116.2 billion, 14.4% below the $135.7 billion for the same period in 2009. In February, the estimated seasonally adjusted annual rate of public construc- tion spending was $292.7 billion, 1.7% below the revised January estimate of $297.7 billion. Highway construction was at a seasonally adjusted annual rate of $79.8 billion, 2.1% below the revised January estimate of $81.4 billion. Highway construction spending has now slipped from $90.2 billion in Octo- ber 2009 to $85.7 billion in November 2009, $82.6 billion in December 2009, $81.4 billion in January and $79.8 bil- lion in February. Those are all seasonally adjusted annual rates. ROADS Calif. dispenses $706M to 121 road projects The California Transportation Commission (CTC) has allocated $706 million to 121 projects statewide. The funding includes $479 million for 28 projects from Proposition 1B, a $19.9 billion transportation bond champi- oned by Gov. Arnold Schwarzenegger and approved by voters in 2006. The remaining $227 million in allocations came from assorted state and federal transportation accounts. “When California voters approved Proposition 1B they wanted action, and we are delivering that action,” said Busi- ness, Transportation and Housing Agency Secretary Dale Bonner. “This funding will not only help relieve the traffi c conges- tion that clogs our freeways, it will create jobs and help stimulate California’s economy when we need it the most.” Nearly $5.7 billion in Proposition 1B funding has been allocated to im- prove California’s transportation system during the past three years. ROADS Minn. unveils $1.3 billion 2010 highway program Spring promises a good crop of or- ange barrels in Minnesota. The Minne- sota Department of Transportation (Mn/ DOT) has announced a $1.3 billion season of highway construction, bridge replacement, pavement replacement, don’t just repave the surface – the problem goes deeper. reduce maintenance costs and extend asphalt overlay life 2–3 times with the glasgrid® Pavement Reinforcement System cost less to construct, require less Exclusive distributor in the Americas for: pavement reinforcement system. It’s a clear sign of the times: there’s no choice now but to get more fromless.With thousands of successful installations worldwide on highways, runways, parking lots and more, roads reinforced with the GlasGrid® maintenance and ultimately last longer. Stop spending the wrong way and get more for less on your roadway projects! For more information on today’s most advanced pavement rehabilitation system, call 888-828-5123, e-mail web@tensarcorp.com or visit www.tensarcorp.com/GlasGrid_RB. Circle 758 GlasGrid is a registered trademark of Saint-Gobain Technical Fabrics. y Users applauds Secre- tary LaHood’s decision to keep Interstate 80 toll-free,” the organization said in a statement. “We agree with the secretary that federal law does not permit I-80 tolling plans to move forward.” ECONOMY Construction spending still declining Construction spending during Febru- ary was estimated by the U.S. Commerce Department at a seasonally adjusted an- nual rate of $846.2 billion, 1.3% below the revised January estimate of $857.8 billion. The February fi gure is 12.8% below the February 2009 estimate of $970.4 billion. During the fi rst twomonths of this year, construction spending amounted to $116.2 billion, 14.4% below the $135.7 billion for the same period in 2009. In February, the estimated seasonally adjusted annual rate of public construc- tion spending was $292.7 billion, 1.7% below the revised January estimate of $297.7 billion. Highway construction was at a seasonally adjusted annual rate of $79.8 billion, 2.1% below the revised January estimate of $81.4 billion. Highway construction spending has now slipped from $90.2 billion in Octo- ber 2009 to $85.7 billion in November 2009, $82.6 billion in December 2009, $81.4 billion in January and $79.8 bil- lion in February. Those are all seasonally adjusted annual rates. ROADS Calif. dispenses $706M to 121 road projects The California Transportation Commission (CTC) has allocated $706 million to 121 projects statewide. The funding includes $479 million for 28 projects from Proposition 1B, a $19.9 billion transportation bond champi- oned by Gov. Arnold Schwarzenegger and approved by voters in 2006. The remaining $227 million in allocations came from assorted state and federal transportation accounts. “When California voters approved Proposition 1B they wanted action, and we are delivering that action,” said Busi- ness, Transportation and Housing Agency Secretary Dale Bonner. “This funding will not only help relieve the traffi c conges- tion that clogs our freeways, it will create jobs and help stimulate California’s economy when we need it the most.” Nearly $5.7 billion in Proposition 1B funding has been allocated to im- prove California’s transportation system during the past three years. ROADS Minn. unveils $1.3 billion 2010 highway program Spring promises a good crop of or- ange barrels in Minnesota. The Minne- sota Department of Transportation (Mn/ DOT) has announced a $1.3 billion season of highway construction, bridge replacement, pavement replacement, don’t just repave the surface – the problem goes deeper. reduce maintenance costs and extend asphalt overlay life 2–3 times with the glasgrid® Pavement Reinforcement System cost less to construct, require less Exclusive distributor in the Americas for: pavement reinforcement system. It’s a clear sign of the times: there’s no choice now but to get more fromless.With thousands of successful installations worldwide on highways, runways, parking lots and more, roads reinforced with the GlasGrid® maintenance and ultimately last longer. Stop spending the wrong way and get more for less on your roadway projects! For more information on today’s most advanced pavement rehabilitation system, call 888-828-5123, e-mail web@tensarcorp.com or visit www.tensarcorp.com/GlasGrid_RB. Circle 758 GlasGrid is a registered trademark of Saint-Gobain Technical Fabrics. HP-GGRB4C10 HP-GGRB4C10
