Stimulost Opportunity

NJBIZJanuary 29, 2010

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Summary


"The pressure to put work on the street quickly has resulted in mostly simple projects, like resurfacing, bridge-painting and guide-rail installation," [Andrew Sinclair] said; in what he called "a fundamental irony," the stimulus funding can't be used for long-term capital projects, like bridge replacements.

Clearwater, managing director of the Construction Industry Advancement Program, a nonprofit educational and research organization in Edison, said many county administrations have been slow to implement projects in the past, such as the county bridge program, though he has not specifically tracked stimulus-funded projects.

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Stimulost Opportunity

IN 1999, THE state passed a bond act that allocated $250 million to each New Jersey county for bridge projects.

But a decade later, only one-third of those counties have completed their projects, while another third did little or nothing to use that money. That's mostly owing to overwh...

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