How do you see the American Recovery & Reinvestment Act (ARRA) affecting highway contractors and asphalt producers in 2010?
Alison Premo Black, Vice Presidentof Policy and Economist, American Road & Transportation Builders Association (ARTBA): “Funding from ARRA is going to help drive real growth in the highway, street and bridge construction market for 2010,” says Black. “ARTBA is forecasting real growth of 8% for 2010.” Jack Basso, Director of Program Finance & Management for the American Association of State Highway and Transportation Officials (AASHTO): “The good news regarding ARRA was that highway projects were ready to go and stimulated the economy,” says Basso. “At this point in time, 80% of the highway money is obligated.
Related Questions
- Does the American Recovery and Reinvestment Act of 2009 (ARRA) provide additional funds for the Highway Safety Improvement Program (HSIP)?
- What are some of the changes to the HCTC included in the 2009 American Recovery and Reinvestment Act (ARRA)?
- Why is grantsCENTRAL an ideal American Recovery and Reinvestment Act (ARRA) solution?
