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ARTICLE · 27 JANUARY 2009

43 Billion For Transportation Infrastructure Under House Economic Stimulus Bill

Fox Rothschild LLP
Fox Rothschild LLP
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The House Appropriations Committee has approved the American Recovery and Reinvestment Act of 2009 by a vote of 35 to 22.

United StatesStrategy
Alan Wohlstetter
Alan Wohlstetter
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The House Appropriations Committee has approved the American Recovery and Reinvestment Act of 2009 by a vote of 35 to 22. The Act provides over $43 billion for transportation infrastructure, including highways and bridges, transit and airports. The priority given to projects that can be contracted within 120 days is an indication that cost-effective and verifiable involvement of the private sector through public-private partnerships will be essential to meeting the legislation's ambitious schedule for expenditures. Provisions mandating a requirement for using U.S.-produced steel and paying workers local prevailing wages help ensure a strong linkage between infrastructure investment and economic development. Among its provisions:

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