"A key takeaway from the Treasury data is that the bipartisan infrastructure law is working in year-one as intended, with state transportation departments disbursing funds and projects breaking ground," said American Road & Transportation Builders Association (ARTBA) Chief Economist Dr. Alison Premo Black, who prepared the report.
"The economic and quality of life benefits of the infrastructure law will become even more apparent as funding continues in coming years," said ARTBA Chair Paula Hammond, a WSP USA Senior Vice President. "The beneficiaries of these long-term investments will be the American traveling public in their communities."
President Joe Biden signed the IIJA into law Nov. 15, 2021. Nearly 90 percent of IIJA's highway funds are dispersed by existing formula to states, with the remainder distributed through discretionary grant awards and other allocated programs.
Nationally, over 29,000 IIJA projects were launched through the end of September.
New Mexico leveraged $511.7 million in federal highway and bridge formula funds in FY 2022 to help jumpstart 341 new improvement projects in communities across the state. The five largest projects supported by formula funds in New Mexico are:
- Widen NM 404 from I-10 to NM 213 from two lanes to four lanes - $25.3 million
- I-10 pavement rehabilitation - $20.6 million
- US 550 major rehabilitation - $16.8 million
- District 3 pavement preservation - I-40 West of Coors - $16.4 million
- US 285 Corridor construction, phase IV - $15.8 million
Utah leveraged $470.1 million in federal highway and bridge formula funds in FY 2022 to help jumpstart 292 new improvement projects in communities across the state. The five largest projects supported by formula funds in Utah are:
- Improvements on I-80; 1300 E to 2300 E and I-215 - $63.5 million
- Roadway paving and rehabilitation on US-191; Arizona State Line to Bluff - $14.3 million
- Repaving on I-80; MP 60 to 70 and 80 to 88.58 - $12.5 million
- Roadway paving and rehabilitation on SR-18; Ledges to Diamond Valley & Veyo to MP 29.5 - $11.5 million
- Roadway widening on SR-30; SR-23 to SR-252 - $8.8 million
Wyoming leveraged $355.4 million in federal highway and bridge formula funds in FY 2022 to help jumpstart 378 new improvement projects in communities across the state. The five largest projects supported by formula funds in Wyoming are:
- Rehabilitation work on Interstate 80/East of the Rock Springs Pilot Butte Interchange - $20.9 million
- Bridge replacement on Curtis Street Interchange and I-80 in Laramie - $14 million
- Improvements, Lyman-Green River/Little America/I-80 - $12 million
- Construction and resurfacing midwest section I-25, Casper-Kaycee - $12 million
- Construction on I-25 between Wheatland and Douglas - $10.5 million