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Tag: significant surface transportation projects
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TIFIA loan requests top $13 billion
An "overwhelming demand" for Transportation Infrastructure Finance and Innovation Act (TIFIA) program loans has greatly exceeded the dollars available, U.S. Transportation Secretary Ray LaHood said on Feb. 15, adding that it underscores President Obama’s call for greater transportation investment.The U.S. Department of Transportation (DOT) received 26 TIFIA letters of interest exceeding $13 billion.
February 15, 2012
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