The Connecticut Department of Transportation (DOT) on Thursday released a $10.9 billion five-year capital plan, of which about a fifth would be used in federal fiscal year 2017, which began Oct. 1.
DOT expects to use $2.2 billion this fiscal year including just under $1 billion for bus and rail and $1.3 billion for highway and bridge infrastructure.
During the 2017 fiscal year, DOT anticipates bidding 87 projects at roughly $570 million in contract value, compared to 105 new projects in 2016 valued at $475 million.
The entire plan covers fiscal years 2017-2021.
Over the five-year plan, $6.3 billion, or 58 percent is for highway and bridge projects; $4.3 billion, or 40 percent is for public transportation; and $245.8 million, or 2 percent, is for facilities.
DOT Commissioner James P. Redeker also released a report that reviews the performance of the DOT in delivering capital investments. The goal is to optimize spending for improvements, he said.
“The department is achieving this by delivering projects on time and on or under budget,” he added.
Continuously improving project delivery and using innovative construction techniques also have increased the DOT’s capacity to provide the state with higher quality transportation improvements that maximize the state’s return on its investment, he said.
More information on the report can be found here.
