- Shareholder Alert: Kessler Topaz Meltzer & Check, LLP Reminds Robinhood Markets, Inc. Shareholders of Securities Class Action Lawsuit and Urges Investors with Significant Losses to Contact the Firm
- Pennsylvania: Wolf Administration Awards $8 Million in Grants to Increase School Safety
- ExecuSearch Holdings, LLC Data Breach Prompts Investigation into Possible Class Action Lawsuit
"This is a historic investment for Pennsylvania, and for our nation," said Gov. Wolf. "Thank you to the Biden Administration for their steadfast leadership and for their commitment to Bipartisan Infrastructure Law. Strong infrastructure is critical to the quality of life for all Pennsylvanians, especially strong, safe bridges. Bridges are the lifelines that connect our communities to one another, while modern, reliable infrastructure is essential for Pennsylvania-based businesses to expand."
The program represents the largest investment ever made in fixing bridges – dedicating $26.5 billion to states, the District of Columbia and Puerto Rico over the five years of the law and $825 million for Tribal transportation facilities. The amount that will be available to states in Fiscal Year 2022 is $5.3 billion along with the $165 million for tribes. Today, Federal Highway Administration (FHWA) also published initial guidance on the program.
More on The PennZone
- Pennsylvania Commission for Women, Pennsylvania State Police, and Pennsylvania Legislative Black Caucus Host Women in Law Enforcement Discussion
- CLVT ALERT: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Securities Fraud Class Action Lawsuit Filed Against Clarivate Plc
- EQT Corporation Schedules Fourth Quarter and Year-End 2021 Earnings Release and Conference Call
- Podchaser Partners With Audacy on Podcasting Insights to Enhance Podcasting Capabilities
- Kaplan Morrell Attorneys at Law Announces New Partner
"The Biden-Harris Administration is thrilled to launch this program to fix thousands of bridges across the country – the largest investment of its kind in U.S. history," said DOT Secretary Buttigieg. "Modernizing America's bridges will help improve safety, support economic growth and make people's lives better in every part of the country – in rural, suburban, city, and tribal communities."
"This record amount of funding, made possible by the Bipartisan Infrastructure Law, will allow states and tribal governments to fix the bridges most in need of repair," Deputy Federal Highway Administrator Stephanie Pollack said. "It will also modernize them to withstand the effects of climate change and to make them safer for all users, including cyclists and pedestrians. Every state has bridges in poor condition and in need of repair, including bridges with weight restrictions, that may force lengthy detours for travelers, school buses, first responders, or trucks carrying freight," she added.
Nationwide, the Bridge Funding Program is expected to help repair approximately 15,000 bridges. In addition to providing funds to states to replace, rehabilitate, preserve, protect, and construct highway bridges, the Bridge Formula Program has dedicated funding for Tribal transportation facility bridges as well as "off-system" bridges, locally owned facilities which are those not on the federal-aid highway system.
More on The PennZone
- Pennsylvania: Gov. Wolf: Stop Disrespecting Workers by Finally Raising the Minimum Wage
- Franklin Templeton Selects Ascensus to Host Personal Retirement Path Managed Account Services Offering
- Philadelphia Area Orthodontist Accepting New Patients
- Culinary And Cannabis Presents The CannaSpa Celebrity Gifting Lounge In Honor of Super Bowl LVI
- Console & Associates, P.C. Explores Possible Lawsuits Stemming from Dark Herring Scamware
The Bipartisan Infrastructure Law includes an incentive for states to direct the new Bridge Formula Program funds to off-system bridges owned by a county, city, town, or other local agency. While states normally must match federal funding with up to 20 percent state or local funding, the guidance issued today notes that federal funds can be used for 100 percent of the cost of repairing or rehabilitating such locally owned off-system bridges. The Bipartisan Infrastructure Law is a once-in-a-generation investment in infrastructure, which will grow the economy, enhance U.S. competitiveness in the world, create good jobs, and make our transportation system more sustainable and equitable. Specific to the FHWA, the Bipartisan Infrastructure Law provides more than $350 billion over five fiscal years for surface transportation programs.
SHARE Email Facebook Twitter
Latest on The PennZone
- Wesco Named to 2022 Bloomberg Gender-Equality Index
- IDMWORKS Nabs Top 2021 Honors as "Americas SailPoint Partner of the Year" for the Fourth Time in the Past Five Years
- Pennsylvania: Gov. Wolf Celebrates Bipartisan House Bill 253, Appropriating $225 Million to Support Health Care Workforce
- Pennsylvania: Governor Wolf Announces $23 Million in Second Round of Violence Intervention and Prevention Grant Program Awards
- FEIN Power Tools Welcomes William Craig – President for FEIN US
- LBC Small Cap Scores Investment in Soccer Shots
- Founder Of Sheen Magazine & Co-founder Of Chapman Products Company Featured In Vogue Magazine
- Law Offices of Howard G. Smith Announces Investigation of Citrix Systems, Inc. (CTXS) on Behalf of Investors
- Gemean and NimbleSystems Announce Strategic Partnership
- United States Steel Corporation Announces Strategic Investment in Carnegie Foundry to Accelerate Advanced Robotics and Autonomy Capabilities
- SURGENT ACCOUNTING & FINANCIAL EDUCATION RENAMES AND INCREASES STUDENT SCHOLARSHIP AWARD TO HONOR LATE COLLEAGUE
- Right now Unique Chrysler Jeep Dodge Ram has the largest volume of inventory in the Burlington area!
- Center Valley Dental Accepting New Patients Looking for Dental Implants
- SafuCoin (SAFUCOIN) announces it will provide a critical missing part of the infrastructure for the crypto economy – a 'trust layer'
- New hire power hitters bring additional strategic depth to help USAM's clients
- NRx Receives Initial Report of Patient Safety and Survival from Right to Try use of ZYESAMI® (aviptadil) during Omicron Surge
- Gateway First Bank Extends Sagent Mortgage Servicing Partnership
- CyberSecurity Malaysia, EclecticIQ, and Syntx Sign MOU to Build Cyber Threat Intelligence Capabilities in the Region
- SHAREHOLDER ALERT: Kessler Topaz Meltzer & Check, LLP Reminds MARA Investors of Securities Fraud Class Action Lawsuit Filed On Their Behalf
- Pennsylvania: Gov. Wolf Leads Bi-Partisan Effort to Support Health Care Employees