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Virginia last to put stimulus funds to transportation work
Welcome to the stimulus party, Old Dominion State! According to this report, Virginia's allotment process required "considerable and prolonged political horse-trading." Virginia was allotted about $694.5 million is highway and bridge funds, of which $243 million must be obligated by June 30, 2009.
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Report: Top 100 Infrastructure Projects in the United States
CG/LA used three filters to compile this list: likelihood of timely completion; capacity to encourage economic competitiveness; and relevance to the Obama Administration's priorities. The projects were separated into three classes, and almost half of the projects fell into the "traditional infrastructure" class. The total value of the projects estimated by CG/LA is $366 billion, of which $58.3 billion would be dedicated to 16 surface transportation projects (2 bridge, 14 highway). Notable projects include the I-69 TransTexas Corridor and the I-81 Steel Wheel Interstate.
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The City Island Bridge kerfuffle
The process of replacing the decaying, 950-foot-long bridge that connects City Island — which has been called the "Nantucket of New York City" — to mainland Bronx remains slow and contentious. While Mayor Bloomberg's plan has grown elaborate and expensive ($120 million), City Island officials, critics, and historical advocates prefer a "cheaper remake of the current ugly-duckling span."
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ASCE: 'The stimulus is a down payment'
Attendees to the Dow Jones Infrastructure Summit Thursday, such as Patrick Natale, executive director of the American Society of Engineers (ASCE), voiced some doubt and even disappointment regarding the $27.5 billion allotted to infrastructure projects by the American Recovery and Reinvestment Act (ARRA).
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Statistician: American VMT down for 15th consecutive month
Political journalist and statistical savant Nate Silver crunched almost 30 years of data and built a regression model "that accounts for both gas prices and the unemployment rate in a given month" to predict how much driving Joe and Jane America should do, and juxtaposed the results with how much driving they actually do. The result? Significant and relatively consistent declines that Silver interprets as clear signs of a changing car culture. Silver admits that because driving tendencies have been inelastic for so long, this decline could be a delayed reaction from the 2008 oil run-up, coupled with the domestic doldrums and other geopolitical influences. More concrete conclusions will be made after the summer driving season, once drivers have had 12-months to adjust and react to prices. But Silver includes other evidence that points to a more “car-free existence.” (GRAPHIC)
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