THE Trump Administration plans to invest US$900 million in American infrastructure through the Better Utilising Investments to Leverage Development (BUILD) Transportation Discretionary Grants programme, according to US Transportation Secretary Elaine Chao.
The funding has been awarded to 55 projects in 35 states. The US Department of Transportation (DOT) has awarded half of the BUILD Transportation grant funding to projects located in rural areas. For this round of BUILD grants, the maximum grant award is $25 million, and up to $90 million can be awarded to a single state, reported the American Journal of Transportation.
'The Administration is targeting BUILD Transportation grants to repair, rebuild and revitalize significant infrastructure projects across the country,' Ms Chao was quoted as saying.
Fiscal Year 2019 BUILD Transportation grants are for investments in surface transportation infrastructure and have been awarded on a competitive basis to projects with a significant impact in their local or regional communities. BUILD funding supports roads, bridges, transit, rail, ports or intermodal transportation.
The programme selection criteria encompassed safety, economic competitiveness, quality of life, state of good repair, environmental sustainability, innovation, and partnerships with a broad range of stakeholders.
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The funding has been awarded to 55 projects in 35 states. The US Department of Transportation (DOT) has awarded half of the BUILD Transportation grant funding to projects located in rural areas. For this round of BUILD grants, the maximum grant award is $25 million, and up to $90 million can be awarded to a single state, reported the American Journal of Transportation.
'The Administration is targeting BUILD Transportation grants to repair, rebuild and revitalize significant infrastructure projects across the country,' Ms Chao was quoted as saying.
Fiscal Year 2019 BUILD Transportation grants are for investments in surface transportation infrastructure and have been awarded on a competitive basis to projects with a significant impact in their local or regional communities. BUILD funding supports roads, bridges, transit, rail, ports or intermodal transportation.
The programme selection criteria encompassed safety, economic competitiveness, quality of life, state of good repair, environmental sustainability, innovation, and partnerships with a broad range of stakeholders.
WORLD SHIPPING