INDIANAPOLIS (February 27, 2009) - Governor Mitch Daniels said today the Indiana Department of Transportation's (INDOT) plan for distribution of Indiana's $658 million share of federal economic stimulus funds for highway infrastructure among state and local projects is nearing completion.
In addition, the governor said INDOT has identified and released its second list of state projects for bid that will use federal stimulus dollars. The list includes 29 projects in 21 counties valued at $43.6 million. The first list included 26 projects with a value of approximately $39 million. A list of those projects may be found on the INDOT website at: www.in.gov/indot/2400.htm.
According to the American Recovery and Reinvestment Act, the stimulus funds will be distributed this way: INDOT, $440 million; local agencies, $198 million, and $20 million for transportation enhancement projects, which includes such items as sidewalks, trails and stoplights.
"Our priorities for using stimulus funds are speed and jobs. INDOT has looked for projects that meet the federal rules for funding and has quickly identified eligible projects throughout Indiana that will employ workers with diverse skills. With the jumpstart we've had with Major Moves, we're much better positioned than others to act rapidly," said Daniels.
The $198 million local agency distribution - specific dollar amounts that have not yet been determined - will be divided among Metropolitan Planning Organizations (14 MPOs in Indiana), Group III cities (populations between 5,000 and 50,000), Group IV cities (populations under 5,000), and local bridge projects.
More information, including timelines for obligations of funds established by the federal government are in the attached document. INDOT will publish details for submitting local government projects next week and will continue to advertise projects in addition to the Major Moves program.
Audio from today's availability can be found at this link: www.in.gov/gov/files/Audio/022709_media_availability.MP3
-30-
Indiana Department of Transportation
Stimulus Fund Distribution Plan
|
State of Indiana/Infrastructure |
$658 million |
100 percent |
|
INDOT state and local highways |
$440 million |
67 percent |
|
Local Agencies |
$198 million |
30 percent |
|
Transportation Enhancement |
$20 million |
3 percent |
Federal timeline:
- State Projects: June 30 deadline for obligating $220 million of state projects.
- March 2, 2010 the remaining $220 million must be obligated for state projects.
- Local Projects: All local agencies must obligate the $198 million by March 2, 2010.
- All Projects: Must be completed by February 17, 2012.
Project Objectives
- Speed
- Geographic Distribution of Projects
- Variety of work (pavement, safety, bridges, etc.)
- Monthly stimulus lettings in addition to normal lettings
- Metropolitan Planning Organization (MPO)
- Funding allocated by federal formula.
- MPOs determine their own priorities for projects.
- Other Local Agencies
- Geographic distribution of funds based on currently used formulas by population
- First-come, first-served, shovel ready projects.
- $3 million cap per project
« Back to News Release List
Link to this event: