"A key takeaway from the Treasury data is that the bipartisan infrastructure law is working in year-one as intended, with state transportation departments disbursing funds and projects breaking ground," said American Road & Transportation Builders Association (ARTBA) Chief Economist Dr. Alison Premo Black, who prepared the report.
"The economic and quality of life benefits of the infrastructure law will become even more apparent as funding continues in coming years," said ARTBA Chair Paula Hammond, a WSP USA Senior Vice President. "The beneficiaries of these long-term investments will be the American traveling public in their communities."
President Joe Biden signed the IIJA into law Nov. 15, 2021. Nearly 90 percent of IIJA's highway funds are dispersed by existing formula to states, with the remainder distributed through discretionary grant awards and other allocated programs.
Nationally, over 29,000 IIJA projects were launched through the end of September.
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Pennsylvania leveraged $2.4 billion in federal highway and bridge formula funds in FY 2022 to help jumpstart 1,078 new improvement projects in communities across the state. The five largest projects supported by formula funds in Pennsylvania are:
- I-95: Margaret-Kennedy Philadelphia County Widening/Reconstruction Project - $90.8 million
- Penn's Landing Project Development for bridge work in Philadelphia - $51.6 million
- State Route 15, Section 88D, bridge work in Union and Snyder Counties - $50.5 million
- I-95: Utility Relocation & Surface Sts City of Philadelphia Roadway Reconstruction - This project is for the reconstruction of SR 95 and SR 0073 (New State Road) for an approximate total length of 1.4 miles - $47.9 million
- Interstate roadway reconstruction on Interstate 84 (Fallen Trooper Memorial Highway) to Sawkill Creek, bridge replacement over Township Road 430 (Tunnel Road), State Route 2011 (Sawhill Road), in Dingman Township, Pike County - $45 million
Delaware leveraged $250 million in federal highway and bridge formula funds in FY 2022 to help jumpstart 119 new improvement projects in communities across the state. The five largest projects supported by formula funds in Delaware are:
- Construct a connector road between US 113 and SR 24 North of Millsboro - $15 million
- Grade separated intersection improvements at US 113 in Georgetown - $14.7 million
- Improvements, reconstruction on US 113 South of Georgetown on Arrow Safety Road - $12.9 million
- Construct turn lane on Commons Boulevard and reconstruct two bridges on I-676 and I-677 - $12.8 million
- Intersection modifications on Plantation Road - $11.2 million