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Congressional Budget Deal Could Benefit Contractors in the Pacific Northwest

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The budget deal recently agreed to by Congressional leaders could indicate positive news for contractors in the Pacific Northwest. The deal includes additional highway and transit appropriations, with federal highway spending increasing from $46.8 billion in 2018 to $48.4 billion in 2019, including an increase in FAST Act spending of $1.04 billion. This funding is designed to strengthen the nation’s infrastructure, which has been a key determination of the Trump administration since his inauguration.

With the additional funding, contractors can expect increased construction work on federal bridges and highways, which could prove to be especially beneficial to heavy highway and infrastructure-focused contractors. The budget deal has already had an effect on the Pacific Northwest, with the Federal Highway Administration recently funding a portion of the West Fir Street road job in Sequim, Washington.

Read more about the Sequim project here: https://www.peninsuladailynews.com/news/bids-open-for-18-month-west-fir-street-road-project/


     

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