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FHWA Opens Applications for $9.7 Billion of Funding for Bridge Projects01-04-24 | News

FHWA Opens Applications for $9.7 Billion of Funding for Bridge Projects

FHWA's Bridge Investment Program Addresses Bridge Planning, Repair, and Replacement
by Staff

FHWA announces $9.7 billion funding to fortify and enhance bridges.

The Federal Highway Administration (FHWA) under the U.S. Department of Transportation has launched applications for $9.7 billion in multi-year funding through the Bridge Investment Program. Through the Infrastructure Investment and Jobs Act, this program is investing a total of $40 billion over five years to enhance the safety and functionality of vital bridges nationwide.

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The competitive Bridge Investment Program includes "Planning" and "Bridge Project" categories, focusing on projects involving bridge planning, repair, and replacement, each costing less than $100 million. These efforts aim to ensure the continued safety and functionality of bridges critical to local economies, supply chains, and community connectivity.

FHWA Administrator Shailen Bhatt highlighted the significance of this funding, stating, "Communities can plan and implement bridge projects that will improve safety and mobility for people in rural regions, urban areas, and places in between." The Bridge Investment Program has already funded nearly 40 bridge projects across the country.

The Notice of Funding Opportunity (NOFO) covers "Planning" grants for feasibility analyses and revenue forecasting, as well as "Bridge Project" grants for rehabilitation, preservation, and protection projects with eligible costs up to $100 million. Priority will be given to projects in states that have not received specific grants from previous rounds.

Applicants are encouraged to use updated templates for streamlined application processes, with FHWA providing technical assistance to grant recipients.

https://highways.dot.gov/newsroom/biden-harris-administration-opens-applications-over-9-billion-funding-modernize-nations

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