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Virginia Transportation Projects Face Painful Budget Cuts - ENR | McGraw-Hill Construction
Publication Date: 22-OCT-08
Format: HTML
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Description: Five months after slashing its construction budget by $1.1 billion, the Virginia Dept. of Transportation may now cut up to $2.6 billion more from its current six-year program. Virginia Secretary of Transportation Pierce Homer announced on Oct. 15 that the weak economy and reduced state and federal revenue are prompting wide-spread cuts in construction, maintenance and staffing.
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Construction Industry, News Articles, Business Conditions & Analysis, Markets, Finance, Costs, Legislation, Government, Management, Labor, Construction Methods, Equipment & Materials, Engineering News-Record (ENR)
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