The Fixing America’s Surface Transportation Act (FAST Act), signed into law in late 2015, was the first law enacted in more than 10 years to provide long-term funding certainty for surface transportation. The FAST Act calls for $305 billion in federal transportation spending over five years, consistent with an average increase of $2.4 billion per year above existing funding levels for the years 2016 through 2020. The law also renders changes to a number of federal transportation programs, including “streamlining the approval processes for new transportation projects.” The law is designed such that the majority of spending is parceled out to states via a block grant program.
Sneak Peek: Cutting Edge Technology in the Real World of Heavy/Highway Contractors
Don’t miss the unparalleled education opportunities and a multitude of social and networking experiences June 3-7 in Phoenix, AZ. Here’s a look at what to expect during one of the sessions designed with Heavy/Highway contractors in mind.
From Yellow to Green: Maximizing Your Fleet’s Contributions to the Bottom Line
“When the yellow iron runs, we make money” is a common adage for heavy/highway contractors. Yellow iron – that is, the bulldozers, excavators, backhoes, rollers, scrapers, and graders that heavy/highway contractors operate – is the company’s most essential asset. For a heavy/highway contractor, construction equipment is the equivalent of a manufacturer’s machinery; it can’t perform the job without it. If the yellow iron is running, then the company is doing work.
If you are interested in helping your fellow CFMA Heavy/Highway members, the Heavy/Highway subcommittee is interested in your thoughts and participation. Your commitment is a one hour long phone call once a month. ContactMike Verbanic for more details.
Join the ConnectionCafe H/H Discussion Group
If you are seeking answers to questions from your fellow CFMA Heavy/Highway members, there is a Heavy/Highway community on the Connection Cafe. Click hereto learn how to join this specialized community on the Connection Cafe.
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