Stimulus Discretionary Grants To Target Major Impact Transportation Projects

 

The primary selection criteria for Transportation Investment Generating Economic Recovery Discretionary Grants include contributing to the medium- to long-term economic competitiveness of the nation, improving the condition of existing transportation facilities and systems and improving the quality of living and working environments through livable communities. ?EUR??,,????'??? Courtesy of blog.fleetowner.com

Major transportation projects can boost the economy, improve infrastructure and help both the construction and landscape industries. The national DOT announced the availability of $1.5 billion in TIGER (Transportation Investment Generating Economic Recovery) Discretionary Grants for capital investment in surface transportation projects. The grants will be awarded on a competitive basis to projects that have a significant impact on the nation, a region or metropolitan area, and can create jobs and benefit economically distressed areas.

The projects can range from $20 million up to $300 million. DOT will require rigorous economic justifications for projects over $100 million and will require all fund recipients to report on their activities on a routine basis to ensure responsible spending. – Courtesy of American Society of Civil Engineers