|Section Title:||Measuring the Economic Impacts of the Obama Administration's Fiscal Stimulus Prgm on US Transportation Investments|
|Course:||P A 680PA - Policy research project|
|Day & Time:||Thursdays, 2:00 PM - 5:00 PM|
|Waitlist Information:||For LBJ Students: UT Waitlist Information|
Description: The 2009 American Recovery and Reinvestment Act (ARRA), commonly termed the “Fiscal Stimulus,” provides state departments of transportation (DOTs) and federal land agencies with $27.5 billion for highway infrastructure investment. The call from President Obama for “transparency, public accountability, and economic impact” on how these funds are being spent requires a new reporting system to complement those currently in place. Simply put, DOTs must now report on a monthly basis a variety of information—such as number of employees, job types, and payroll data—on all companies involved in the design and construction of ARRA-funded highway infrastructure to the Financial Management Information System (FMIS). The Federal Highway Administration (FHWA) will then use this information to report periodically to the Congress. This information also will appear on a public website, updated quarterly.
The Texas Department of Transportation (TxDOT) has been allocated $2.5 billion, of which $500 million already has been earmarked to approximately130 projects throughout the state. The initial letting process will take place on April 22, with more to come.
The PRP will be engaged in the following activities on behalf on TxDOT:
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