Monday, June 8, 2009

Low Bids Mean More Projects For Washington

A news release out of Governor Gregoire's office says that low construction bids are resulting in more construction projects in Washington.

On Friday, Gregoire and Washington State Department of Transportation Secretary Paula Hammond announced the state will deliver more highway projects with stimulus funds than first envisioned. That's due to the recent trend toward lower construction bids.

As of June 1, WSDOT has awarded 15 state stimulus contracts worth $64 million- averaging 21% below estimates. Between July 1, 2008, and April 30, 2009, WSDOT awarded 115 construction contracts, 100 of which came in an average of 29.5 percent below cost estimates.

To date, 63% of the local recovery funding has been obligated, with 15 projects awarded and 43 projects now being advertised for bids.

The transportation department will begin applying federal stimulus funds to a secondary list of more than $80 million in projects identified by Gregoire and the Legislature as projects that WSDOT could advance if stimulus funding became available.
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About SRTC

SRTC is the federally designated Metropolitan Planning Organization (MPO) for Spokane County. Urbanized areas with populations exceeding 50,000 people are required to have an MPO. SRTC was formed to address the county's transportation planning needs. It provides coordination in planning between the public, cities, small towns, the county, the state, transit providers, and tribes.

SRTC offers services including transportation monitoring, transportation modeling, census information analysis, travel demand forecasting, historical traffic count analysis, geographic information systems, and trip generation rates.