Despite ongoing news reports of a down economy, at least two states pledged last month to spend big in FY’ 2012 to upgrade their infrastructure including roads, highways and mass-transit systems.
California Transportation Commission (CTC) recently announced it has allocated $825 million in new funding for upcoming infrastructure projects. The expense is being touted as a way to create jobs and improve transportation for Californians. Part of the funding is allocated specifically for projects using a design-build project management system that offers a change from the traditional construction projects to create a single point of responsibility and reduce risk and cost. This process is currently being utilized in 32 other states, and many other countries.