Monday, June 13, 2011

First state construction stimulus project lands in Bay Area - San Francisco Business Times:

adavuxuf.wordpress.com
The work, along Interstate 80 in Fairfield between State Route 12 and Air Base will create more than 200 said Gov. Arnold The job involves repavinga 50-year-olfd section of Interstate 80 used by nearly 200,000p drivers daily. Funded fully by the American Recoveryg andReinvestment Act, the job is being overseejn by a Bay Area company. Top Grade Constructionm of Livermore was the lowest bid submitted at nearly 40 percentt belowthe ’s cost The job is expected to be completed by the end of this year and cost $13.5t million.
By the end of April, the will have authorizex the expenditure ofnearly $850 million in federakl economic stimulus funds to California for transportatio n projects, the governor said. Californiqa officials estimate the state will receivenearlgy $2.6 billion from the stimulus act for highways and local streetsw and $1 billion for transit projects. Discretionary programws could addanother $300 milliomn and California expects to be very competitive in securing a portioh of $8 billion set asidr nationally for high-speed rail and intercituy rail.

No comments:

Post a Comment