State governments moved forward with nearly 111,000 new federal-aid highway and bridge projects during the past five years under the Fixing America’s Surface Transportation (FAST) Act law, new research from the American Road & Transportation Builders Association (ARTBA) shows.
“Our research illustrates tangible success stories of the federal highway program,” ARTBA President and CEO Dave Bauer said in a statement. “Such real-world project outcomes would be even more robust under the highway and transit investment bills advanced by the House and Senate in the last Congress.”
Between FY 2016 and FY 2020, states leveraged nearly $200 billion in federal funds to support over $340.5 billion in new highway and bridge program improvements, according to ARTBA Chief Economist Dr. Alison Premo Black, who prepared the report. States also used program revenues to continue to support projects already underway.
Projects moved forward in more than 3,130 U.S. counties, boroughs, and parishes. States with the most number of projects: Texas (7,397), Indiana (6,500), Ohio (5,962), Michigan (5,715), California (5,432), New York (4,915), Illinois (4,235), Florida (4,168), Missouri (4,004), Virginia (3,626), and Tennessee (3,158).
State transportation departments prioritized major reconstruction and repair work; it accounted for an average 47% of the $340.5 billion investment and totaled 60,000 road and bridge projects.
Almost all of the projects—98%—are expected to cost less than $25 million each, averaging $1.7 million per project. Thirty-two projects in 17 states are moving forward at a cost of $500 million or more for each.
One-third of the investment, or $113 billion, was dedicated to highway and bridge projects on the Interstate Highway System, while another 30% (or $102 billion) went towards work on the National Highway System. Other federal-aid highways accounted for 26% of the total, or $90 billion.
SOURCE: American Road & Transportation Builders Association