Related Links: DOT state-by-state lists of earmarked funds, projects In a move that should give a boost to heavy infrastructure construction, the U.S. Dept. of Transportation is allowing states to transfer $473.4 million in highway funds earmarked years ago, but unspent, to other projects that can use the money now.Under the transfer program, which DOT Secretary Ray LaHood announced on Aug. 17, governors have until Oct. 1 to identify the projects on which they want to use their shares of the $473.4 million. Funds must be obligated by Dec. 31. The aid can go to highway, transit, passenger rail or
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.