
Speaker A
3:55 - 4:43
"we all will be able to utilize that full $70, roughly $70 million, to deliver a full construction program this summer. So very good news on that front. And then the also additional good news is that those funds will be also rolled— that match, I should say, will be rolled into the 2026-2029 STIP, so it will also be a robust STIP"
“we all will be able to utilize that full $70, roughly $70 million, to deliver a full construction program this summer. So very good news on that front. And then the also additional good news is that those funds will be also rolled— that match, I should say, will be rolled into the 2026-2029 STIP, so it will also be a robust STIP”
Thanks to everyone who shared their thoughts with our political leadership and made sure that that got into place because that was pretty critical. And I was—. I'll just mention that the House and Senate passed it on March 25th, so a couple weeks ago now, and we were— we all will be able to utilize that full $70, roughly $70 million, to deliver a full construction program this summer. So very good news on that front. And then the also additional good news is that those funds will be also rolled— that match, I should say, will be rolled into the 2026-2029 STIP, so it will also be a robust STIP, which is— they're busy programming those funds right now, so you'll see those once those get released as well.
Alaska's legislature passed a $70 million state match on March 25, enabling DOT to draw down federal highway funds and deliver a full 2026 construction program across all regions.
