California Transportation Commission's 2013 Project Funding Surpasses $3 Billion

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California's infrastructure received another push in the right direction last week as the California Transportation Commission (CTC) allocated $152 million to 36 projects statewide -- bringing its total transportation funding for 2013 beyond the $3 billion barrier.  

Some highlights of projects receiving funding this year as 2013 winds to a close:

  • Los Angeles received (i) $26 million to improve the Port of Los Angeles, (ii) $20 million to widen the I-5 freeway from the Orange County Line to the I-5/I-605 junction, and (iii) $28 million for the Exposition Light Rail Project between Culver City and Santa Monica.
  • The Bay Area received (i) $91 million in Proposition 1B funds for the Doyle Drive Replacement Project, and (ii) the Bay Area Rapid Transit (BART) received $140 million from Proposition 1A (the high speed rail bond).
  • Orange County received $47 million to add carpool lanes on I-5 in Orange County.
  • Stockton received $97 million for the State Route 4 Crosstown Freeway Extension.

To see the CTC announcement, click here.  To see all the projects receiving a share of the most recent funding, click here.

 

Topics:  Department of Transportation, Infrastructure, Project Finance

Published In: Government Contracting Updates, Transportation Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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