The U.S. Department of Transportation’s Federal Highway Administration (FHWA) announced Dec. 15 that it is providing $52.5 billion in funding to all 50 states under the Bipartisan Infrastructure Law (BIL), also known as the Infrastructure Investment and Jobs Act. The $52.5 billion in apportioned funding for Fiscal Year 2022 represents an increase of more than 20% compared to Fiscal Year 2021 for Federal-aid Highway Program apportionments. This funding is distributed annually by FHWA for the Federal-aid Highway Program based on a statutory formula contained in the BIL. FHWA is distributing these funds through a process known as an apportionment, using a statutory formula to determine the amount available to each State. In addition to the apportionment of funding, FHWA will issue obligation limitation, which allows States to commit a portion of their apportioned funding, for the period through Feb. 18, 2022, when the current Continuing Resolution for Federal Fiscal Year 2022 appropriations ends. Obligation limitation represents the ability of a State or other entity to enter into a project using Federal funds, with the Federal government making a binding promise to pay or reimburse the State or other entity for the Federal share of the project’s eligible costs. For comparison purposes, see FHWA’s FY 2021 apportioned funding. For more information, contact Jay Hansen.
December 29, 2021 by NAPA Government Affairs
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