Indiana INDOT Stimulus Plan Is Ready
Governor Mitch Daniels said today the Indiana Department of Transportation's (INDOT) plan for distribution of Indiana's $658 million share of federal economic stimulus funds for highway infrastructure among state and local projects is nearing completion.
In addition, the governor said INDOT has identified and released its second list of state projects for bid that will use federal stimulus dollars. The list includes 29 projects in 21 counties valued at $43.6 million. The first list included 26 projects with a value of approximately $39 million.
According to the American Recovery and Reinvestment Act, the stimulus funds will be distributed this way: INDOT, $440 million; local agencies, $198 million, and $20 million for transportation enhancement projects, which includes such items as sidewalks, trails and stoplights.
"Our priorities for using stimulus funds are speed and jobs. INDOT has looked for projects that meet the federal rules for funding and has quickly identified eligible projects throughout Indiana that will employ workers with diverse skills. With the jumpstart we've had with Major Moves, we're much better positioned than others to act rapidly," said Daniels.
The $198 million local agency distribution - specific dollar amounts that have not yet been determined - will be divided among Metropolitan Planning Organizations (14 MPOs in Indiana), Group III cities (populations between 5,000 and 50,000), Group IV cities (populations under 5,000), and local bridge projects.
More information, including timelines for obligations of funds established by the federal government are in the attached document. INDOT will publish details for submitting local government projects next week and will continue to advertise projects in addition to the Major Moves program.