Hawaii Spends $1.8 Billion on Capital Construction Projects
Source: The GovMonitor.com, 05.27.2010
Governor Linda Lingle announced that the State has advanced more than $1.8 billion in capital improvement projects (CIP) statewide.
This exceeds the original goal of the Lingle-Aiona Administration’s plan launched in December 2008 to accelerate public infrastructure construction as part of a comprehensive effort to stimulate the economy and create jobs.
Over the past 17 months, the State has successfully opened bids for, awarded contracts for or started construction on 827 capital improvement projects totaling $1,851,513,340.
The original 18-month plan focused on 1,500 capital improvement projects totaling $1.8 billion which were previously budgeted and approved by the Legislature. While the State has focused on these 1,500 projects, the State has expanded its plan to include 2,470 construction projects, totaling $4,621,269,610.
“We remain focused on working collaboratively with the construction industry, trade unions and counties to help revitalize our economy and create jobs,” said Governor Lingle. “This comprehensive and aggressive capital improvement plan is a key component of moving our state forward, and investing in the modernization of our public infrastructure, buildings and facilities.” .......read more
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