With Highway Bill In Place, Larger Projects Can Get Rolling
By Dietrich Knauth
Law360, New York (July 9, 2012, 9:05 PM ET) -- The first multiyear federal transportation bill since 2005 signed into law Friday, while less comprehensive than some experts had hoped, will still allow states to begin soliciting contracts for larger infrastructure projects they'd hesitated to pursue under the previous short-term funding measures passed by Congress.
The Moving Ahead for Progress in the 21st Century Act, or MAP-21, put an end to months of squabbling on Capitol Hill over which projects to fund and how much government spending could be justified in a weak economic climate. While...