Sources: American Road & Transportation Builders Association, Washington, D.C.; CP staff
An ARTBA analysis of the five-year, $305 billion Fixing America’s Surface Transportation Act (FAST) that President Obama signed December 4 notes: “While the total core highway investment increase during the [five-year] life of the bill will be just over 15 percent, yearly assessments are a better gauge of market impact.
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Upon his election as 2015-16 American Road & Transportation Builders Association chairman, David Zachry told members the group will remain laser-focused on ensuring a long-term Highway Trust Fund fix and Congressional approval of a multi-year bill boosting federal surface transportation investment; advocate for increased federal investment in airport construction; and, build “Transportation Makes America Work” lobbying and advocacy communications program participation.
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Road and bridge construction stakeholders are tracking two major developments in Washington, D.C., as the Highway Trust Fund balance dwindles and the current federal highway funding program expires at the end of September.
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