PennDOT lets nearly $176 million in projects this month
PennDOT let $175.9 million projects during the month of August according to numbers compiled by the Associated Pennsylvania Constructors (APC). With this letting, PennDOT has bid a total of $1.611 billion in 2016 to date. At this same point last year, PennDOT bid a total of $1.795 billion. The official 2015 year-end total was $2.594 billion just shy of PennDOT’s $2.6 billion forecast. PennDOT reported at the annual meeting of the APC that 2016 lettings are expected to be $2.4 billion.
With the 2013 enactment of the transportation funding bill (Act 89) there is reason to see increased lettings. Act 89, which will implement a $2.3 billion comprehensive transportation funding plan over the next five years, will result in PennDOT exceeding the $2 billion construction lettings mark for years to come.
As in year’s past, PHIA will continue to track contract lettings on a monthly basis.
To view the full August letting report and year comparisons, click the link below.
*The report lists the total contracts awarded at each letting date, a comparison to the same period in the previous calendar year, and letting adjustments made since the previous month. PHIA staff will track PennDOT lettings throughout the year and provide monthly update.
