The state Department of Transportation bid out $1 billion worth of road work last year, according to figures released at the DOT’s board meeting this week.
That was the price tag for 404 projects, all put out to bid in the fiscal year that ended June 30, according to DOT’s program control administrator, Genetha Rice-Singleton.
That’s a huge jump compared to the previous year, when DOT bid out 280 projects worth $533 million, according to DOT. But several factors were at play in that jump. First of all, that $1 billion included $645 million in federal stimulus money, which won’t be coming around again. In addition, in the fiscal year 2009, DOT had put a squeeze on spending to make up a deficit related to accounting problems.
This year gas tax revenues, which fund most of DOT’s work, in July were up 24.8 percent over July 2009.
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