Tuesday, September 28, 2010

TIGER II GRANT APPLICATION

http://www.roadsbridges.com/TIGER-II-grants-aren%E2%80%99t-enough-NewsPiece21601


TIGER II grants aren’t enough
Applications for almost 1,000 projects far exceed $600 million in available funds
September 24, 2010

Nearly 1,000 construction grant applications for more than $19 billion from all 50 states, U.S. territories and the District of Columbia far exceeded the $600 million in TIGER (Transportation Investment Generating Economic Recovery) II dollars the U.S. DOT can award for infrastructure projects ranging from highways and bridges to transit and ports, Secretary Ray LaHood announced on Sept. 24. The announcement followed the August deadline for submissions.

The overwhelming demand for TIGER II grants continues a trend. Last Feb. 17, the U.S. DOT announced 51 grant awards from nearly 1,500 applications for TIGER I grants nationwide. The TIGER I requests were for almost $60 billion worth of projects, 40 times the $1.5 billion available under that program.

“The wave of applications for both TIGER II and TIGER I dollars shows the back-log of needed infrastructure improvements and the

No comments:

Post a Comment