California uses stimulus funds

The US state of California has been able to take advantage of federal stimulus funds to help improve its transport infrastructure.
February 23, 2012 Read time: 1 min
The US state of California has been able to take advantage of federal stimulus funds to help improve its transport infrastructure. In all funds worth a total of US$2.6 billion have been used, with 90% of the projects having now been completed or awarded. 2451 California Department of Transportation (CalDOT) claims that this is the second fastest deployment in the US after Texas. The funds have been used to resurface Interstate 80 and to repave over 160km of streets and highways in San Jose and Fremont. Close to $200 million has been provided to the Caldecott Tunnel and $96 million has been used to resurface an approach road to the Golden Gate Bridge. The transit system in San Francisco has benefited from the funds and so has the Valley Transportation Authority. In addition two major projects in the San Francisco area have received funds. However, with the stimulus funding now having been spent there are questions over what funding will be available for transport improvements. California's state finances are in extremely poor condition and without further federal funding, many planned projects may have to be shelved.

For more information on companies in this article

Related Content

  • US city of Vancouver approves new I-5 bridge
    July 18, 2022
    Vancouver in the US state of Washington and Portland in the state of Oregon are aiming for a new road bridge with the possibility of accommodating light rail transport.
    Read More
  • Australia responds to infrastructure funding challenge
    July 13, 2012
    The Global Financial Crisis (GFC) has drastically changed the way governments and the private sector is prepared to procure vital infrastructure projects, says Philip Davies Governments have responded to the GFC by focusing on long term investment in transport infrastructure and shorter term stimulus packages to kick-start economies. As these projects proceed, the focus will shift to maintaining and achieving maximum benefits from assets and future infrastructure funding. The Public Private Partnership (PP
    Read More
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
    Read More
  • India plans major infrastucture investment
    February 10, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.
    Read More

Highlighted Content