PennDOT Bids $70 Million in November
The state Department of Transportation (PennDOT) bid slightly over $70 million in projects in November bringing the year-to-date total to $1.861 billion. At this same point in 2011, PennDOT had bid $1.549 billion.
PennDOT revised its 2012 letting forecast to $1.8–$2 billion up from the initial $1.5 billion forecast. The upward revision was a result of additional monies realized from project close outs, 2011-12 winter savings and continued savings from an extremely competitive bidding market. PennDOT’s 2013 letting program forecast is $1.7 billion. Click here to view a chart of the PennDOT letting history since 1994.
To view the full November 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.