News

PennDOT ends 2011 with $1.8 billion in lettings

January 3, 2012

PennDOT lets $263 million in projects in December

The state Department of Transportation (PennDOT) bid just over $263.7 million in projects in December bringing the final year-to-date total to $1.812 billion.  In 2010, PennDOT ended the year with $2.119 billion in lettings.

PennDOT initially forecast the 2011 year to see $1.7 billion in lettings, which was the level of the program back in 2006-07.  While PennDOT slightly exceeded its forecast, the total still represents a flat construction program.  PennDOT made a 2012 construction year forecast at $1.5 billion due to a decrease in state funding and stagnant federal funding.  For more information regarding the department’s forecast you can view Dep. Secretary Scott Christie’s presentation at the annual APC Fall Seminar by going here.

It is important to note that just a few years ago, PennDOT’s 2009 lettings were $2.8 billion due to the billion dollars in economic stimulus funds, which have been completely spent.

To view the full 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 updates.

Sorry, Comments are closed.

Comments

>