Missouri drivers, rejoice—on July 10, the Missouri Department of Transportation (MoDOT) approved a five-year Statewide Transportation Improvement Program (STIP).
The program includes 1,872 highway and bridge projects planned by state and regional agencies, 1,346 miles of pavement on major routes (plus 2,652 miles on minor routes), 1,014 miles of interstate pavement and 213 bridges. Starting in 2020, MoDOT will spend close to a billion dollars on road improvements each year. Some of the projects, such as reformatting the intersection at U.S. 61 and Route F, will bring much-needed safety enhancements.
Governor Mike Parson approved an additional $50 million for the rehabilitation and/or construction of 45 bridges around the state.
However, reduced federal funding is a concern. MoDOT, along with its planning partners, are working to pinpoint projects that would be delayed in the event of decreased federal funding.
MoDOT Director Patrick McKenna says: “The STIP represents our commitment to Missourians of the projects that will be developed and delivered over the next five years. However, this STIP recognizes the serious consequences to our plans if policymakers in Washington are unable to fix the Highway Trust Fund.”
The Highway Trust Fund, which finances federal spending on highways and mass transit, projects shortfalls beginning in 2021.
The draft plan also includes detailed information about non-highway projects, as well as a section that provides additional details about planned operations and maintenance activities over the next three years.
Road and bridge improvements are good news for everyone, including those in the mining industry. If you’re in the Jefferson City area, visit Rackers Equipment Company to find the new and used mining and aggregate equipment you need to get the job done right. Give us a call at (573) 635-8700 to learn more today!