The Federal Highway Administration (FHWA) is responsible for allocating funds to state transportation systems in order to improve infrastructure and support economic growth. In 2020, the FHWA announced a record $61 billion in funding to be distributed among the 50 states, Puerto Rico, and the District of Columbia. This significant investment is expected to have a major impact on state transportation systems and the communities they serve.

In this article, we will explore the details of the FHWA's allocation and the potential effects it could have on state transportation systems.

We will examine the areas that will benefit the most from this funding, such as road and bridge improvements, public transportation enhancements, and safety initiatives.

Additionally, we will discuss the challenges and considerations that state transportation departments may face in implementing these projects, including the need for efficient management and coordination with other agencies.

By delving into the details of this historic allocation, we can gain a better understanding of its potential to improve the nation's transportation infrastructure and support economic development at the state level.

QUICK TIP:
Do you want to focus more on your daily operations? It is convenient and practical to be part of a Consortium/Third-Party Administrators (C/TPAs) like Labworks USA to manage all, or part, of an employer's DOT drug and alcohol testing program and other DOT or FMCSA compliance needs. THIS WILL YOU A LOT OF TIME AND RESOURCES that you can redirect on any unprecedented additional expenses. We perform tasks as agreed to by the employer to assist in implementing the drug and alcohol testing program and to help keep the employer compliant with the DOT/FMCSA Drug and Alcohol Testing rules and regulations. We as a DOT Consortium can help you.
____

Disbursement Marks Third Year of Infrastructure Funding

The Federal Highway Administration has announced that states will receive their third annual increase in highway funds. However, it should be noted that the dollar amounts allocated for bridge and Appalachian development highway improvements will remain unchanged. This funding is part of a $61 billion pot of infrastructure money released by the Federal Highway Administration.

Transportation Secretary Pete Buttigieg expressed gratitude to President Joe Biden for the release of these funds on October 5th. The apportionments for 12 formula programs in the third round of bipartisan infrastructure law funds are aimed at improving the nation's aging infrastructure across all 50 states, the District of Columbia, and Puerto Rico.

Buttigieg emphasized the importance of these improvements, stating that they will modernize roads and bridges, strengthen supply chains, create jobs, and enhance connectivity across the country. The distribution of federal infrastructure law funds is based on congressionally mandated formulas and is carried out each fiscal year by the Federal Highway Administration.

Compared to the annual allocation in FY2021, FY2024 will see an increase of $17.6 billion for formula programs. These funds are authorized by Congress and are crucial in assisting states with the construction, rebuilding, and improvement of highways and bridges on eligible federal-aid routes, as well as other designated programs and projects.

Shailen Bhatt, the Federal Highway Administrator, highlighted the significance of these investments in American infrastructure. The funds provide states with the flexibility to allocate resources towards various transportation projects, including improving safety, replacing aging bridges, and reducing carbon emissions.

Quick Tip: Here's a list of DOT Consortium services we offer at Labworks USA with respective rates that can be your reference to have better expense projections.

FY2024 federal-aid highway programs

For FY2024 federal-aid highway programs, $54.6 billion has been authorized to be appropriated from the Highway Trust Fund, representing a 4% increase from FY2022. However, the funds allocated for bridge repair formula grant funds and the development of the Appalachian highway system remain the same as the previous fiscal years, with $5.3 billion annually for bridge repairs and $246 million allocated to the Appalachian states.

The National Highway Performance Program will receive the highest amount of funding at $29.58 billion, followed by the Surface Transportation Block Grant Program, which will receive $14.39 billion. Other programs, such as the Highway Safety Improvement Program, the Congestion Mitigation and Air Quality Program, the PROTECT Program, and the National Highway Freight Program, will also receive significant funding.

Additionally, the National Electric Vehicle Infrastructure Formula Program will receive $885 million in FY2024, the same as FY2023 and higher than FY2022. This funding is essential for supporting the growth and development of electric vehicle infrastructure across the country.

If you want to stay updated with a wide range of trends, actionable insights, and innovative solutions in the trucking, freight, and logistics industry, stay connected to us.

Moreover, are you looking for a company to help you to stay DOT and FMCSA compliant? We at Labworks USA can support you.

_____

If you are looking for more information about drug and alcohol testing as a truck driver, visit LabWorks USA. Our DOT Consortium's friendly team will be more than happy to discuss any concerns you may have and work with you to ensure you are always fully compliant specially with random DOT drug and alcohol testing pre-employment testing. Moreover, if you need help with FMCSA Clearinghouse registration, we can further support you.