VA Commonwealth Transportation Board approves $18.6 billion for transportation projects

June 30th, 2017 / By: / Industry News, News

On June 20, 2017, the Virginia Commonwealth Transportation Board (CTB) approved the Six-Year Improvement Program (SYIP) for the Virginia Department of Transportation (VDOT) and the Department of Rail and Public Transportation (DRPT). The program includes $18.6 billion for transportation projects over the next six fiscal years beginning July 1, 2017. Projects include highway, road, bridge, rail, transit, bicycle/pedestrian paths and other transportation improvements across the state.

The program provides funding to more than 3,600 transportation projects to improve the state’s infrastructure. This SYIP is the second program to include projects funded through the new funding structure provided by Gov. Terry McAuliffe and the Virginia General Assembly in 2015.

The Six-Year Improvement Program includes the following allocations:

$15.2 billion – Highway Construction:

  • $1.1 billion: State of Good Repair
  • $2.1 billion: SMART SCALE
  • $0.7 billion: Legacy Programs
  • $3.4 billion: Specialized Programs
  • $1.2 billion: Revenue Sharing
  • $1.6 billion: Maintenance
  • $0.1 billion: Research and Planning
  • $3.9 billion: Public-Private Partnerships
  • $1.1 billion: Local and Regional Funding

$3.4 billion – Rail and Public Transportation

  • $817 million: Rail Initiatives
  • $2.6 billion: Public Transportation

More information about Virginia’s Six-Year Improvement Program can be found at http://www.virginiadot.org/projects/syp-default.asp.

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