18 Contracts Totaling $56.6 Million Awarded for Highway Projects Across North Carolina

Includes 11 funded through American Recovery and Reinvestment Act

11/3/2009 -- Raleigh -- North Carolina Governor Bev Perdue announced today that 18 contracts totaling $56.6 million have been awarded for highway and bridge projects across North Carolina, including 11 projects funded through the American Recovery and Reinvestment Act. The contracts were awarded by the N.C. Department of Transportation to the lowest respective bidder, as required by state law. A list of the projects is attached.

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“These recovery projects continue to help us to put North Carolinians to work and to deliver critical infrastructure improvements that will have a long-lasting economic impact on our state,” said. Gov. Perdue.

According to the Federal Highway Administration, every $1 million spent on transportation creates 30 jobs, and according to the construction industry, every dollar invested in transportation generates $6 in economic impact.

The 11 recovery projects are located in Anson, Cabarrus, Craven, Greene, Iredell, Johnston, Nash, Orange, Rockingham, Wilson and Yadkin counties. The seven other projects are located in Cabarrus, Chatham, Randolph, Richmond, Scotland, Stanly and Union counties. See the attached list for respective start dates.

The bids received on all 18 projects advertised came in 16.5 percent, or about $11.1 million, below NCDOT estimates.

For more information about funding for infrastructure improvements in North Carolina, as well as other NCDOT projects and activities, visit www.ncdot.gov.

Source: North Carolina Governor