Wednesday, June 03, 2009

Lower Bids Pave Construction Savings For MoDOT

WATCH THE KY3 NEWS @ 10 REPORT HERE

Despite all of its pending funding problems, this rough economy has meant a slice of good news for Missouri's transportation department (MoDOT): Some big area projects are coming in cheaper than expected.

Missouri has had two big recent waves of transportation funding: Amendment 3 money approved by voters in 2004 and most recently -- stimulus money. All this work has attracted more contractors than usual, which ends up pushing down the price.



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