Bus

LaHood: reinvest cost savings on transit

Posted on April 23, 2009

Transportation Secretary Ray LaHood reminded the nation’s governors and state Secretaries of Transportation, this week, that any money they save on transportation projects paid for with American Recovery and Reinvestment Act dollars must be used for additional transportation projects.

Across the nation, reports are showing that contractor bids to build and repair transportation networks are coming in substantially below the original engineering estimates.

In a letter, Secretary LaHood urged the governors and transportation secretaries to take those cost savings and use the money for additional projects that will put more people to work.

“We will work with you to ensure that your state benefits from your frugality,” LaHood wrote. “Savings you accrue from awarding low bids and from reduced construction costs due to your oversight and project management should remain in your state to be spent on other eligible transportation projects.”

In just seven weeks, the U.S. Department of Transportation (US DOT) approved more than 2,400 requests worth $7.5 billion for highway, road, bridge and airport construction and repairs nationwide. Projects have been approved in every state. US DOT economists estimate that more than 39,000 job-years will be created just from the projects approved so far.

View comments or post a comment on this story. (0 Comments)

More News

First Transit awarded Philadelphia American Airlines shuttle ops contract

The company will transport passengers on the ramp side of the airport between all terminals serving the airline. The contract also includes preventative maintenance.

REV Bus Group partners with Schetky NW Bus Sales for spring events

Will present Champion Bus unit at Schetky booth at the Argentum Senior Living Executive Conference and Tradeshow (formerly ALFA) in Denver May 9 to 12.

XL Hybrids introduces cloud-based fleet analytics system

XL Link is currently measuring key performance indicators in vehicles equipped with XL3® Hybrid Electric Drive Systems for major fleets, such as the City of Boston, Yale University, AmeriPride Services and Montgomery County, Md., to name a few.

Truck plows into Las Vegas transit bus, injures 15

One truck passenger, a woman who wasn’t wearing a seat belt, is in critical condition with life-threatening injuries, while the driver and the other occupants of the truck were also hospitalized with nonlife-threatening injuries, including broken legs. Ten bus passengers also were sent to hospitals, but their injuries were minor or nonlife-threatening.

Haldex launches Midland value line brand in North America

Midland products today include actuators, air tanks, air coils and air tubes as well as electrical coils, clutch, fittings, glad-hands and water pumps.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close