MONTGOMERY – Governor Robert
Bentley on Monday announced 34 additional, supplemental road and bridge
projects that are now able to move forward as part of Round 1 of funding for
ATRIP – the Alabama Transportation Rehabilitation and Improvement Program.
“With these additional projects,
we are moving closer to our goal of improving the safety of roads and bridges
Governor Bentley said. “Many of our bridges are in desperate need of
repair or replacement. Many of our roads are outdated and cannot handle
current demand. Through ATRIP, we are able to make needed improvements to
enhance public safety and quality of life in our communities.”
The first phase of Round 1 funding
was announced in May. The additional projects announced by Governor
Bentley Monday include 30 bridge rehabilitation or replacement projects.
Additional road widening, resurfacing, and intersection improvement projects
are also included.
The 34 additional projects are
spread out over 17 counties. Throughout Round 1 of ATRIP funding, 61 of Alabama’s 67 counties
have received funding for various transportation initiatives. In all, 139
projects have been approved. Also, all eligible bridge project
applications received in Round 1 have now been approved.
“As ATRIP projects move forward, they
will also serve as valuable economic development tools for the state,” Governor
Bentley added. “When a company decides where to build a new facility and
create jobs, that company looks for areas with modern, safe roads and
bridges. So as we improve roads and bridges, we are improving public
safety while also making Alabama
more attractive to companies that want to move here and create jobs.”
Funding for ATRIP comes through
the use of GARVEE bonds. With GARVEE bonds, Alabama is able to access future federal
dollars now in order to pay for road and bridge projects that are needed
With interest rates on municipal
bonds at historic lows, the use of GARVEE bonds makes strong financial sense as
the low cost of borrowing is generally lower than the rising cost of inflation
on construction projects. GARVEE bonds also allow the state to make
needed improvements without raising taxes.
Cities and counties across the
state submit local project proposals for funding through ATRIP. The
applications are analyzed by ALDOT – the Alabama Department of
Transportation. Eligible projects are reviewed by an advisory committee,
which, in conjunction with Governor Bentley, makes project funding decisions.
“I am proud to work with Governor
Bentley as we improve our roads,” said Lieutenant Governor Kay Ivey. “As
a member of the ATRIP Advisory Committee and as chair of the Jobs Creation and
Military Stability Commission, I believe this announcement will enhance our
ability to strengthen job growth in this great state.”
At least two additional rounds of
ATRIP funding will take place. Projects not selected in Round 1 are
eligible for submission in upcoming rounds of ATRIP funding.
“ALDOT, under the leadership of
Governor Bentley, has taken on an aggressive transportation plan to build and
infrastructure over the next three years,” said Representative Mac McCutcheon,
who also serves on the ATRIP Advisory Committee. “The State of Alabama understands the
need to promote transportation projects in order to improve public safety and
infrastructure, which is necessary for economic growth and the creation of
business and jobs.”
“The Governor and the Legislature
are focused on job recruitment, retention, and renewal. One of the key
components of that is quality infrastructure,” added State Senator Paul
Bussman, also of the ATRIP Advisory Committee. “Improving our roads and
bridges will help get products to markets and to industries. Having a
quality infrastructure in the state is instrumental in job creation.”
ATRIP road and bridge projects
require a 20 percent funding match provided by either the local government or
through a local public-private partnership, with the remaining 80 percent
provided by GARVEE bonds.
Click here to view a list showing projects receiving funding in this second phase of Round 1. Click here to view a separate list shows projects already approved in May. Click here to view an ATRIP fact sheet.