Posted on 09/05/2014 4:49:58 AM PDT by Olog-hai
States will have more leeway to build highways and bridges without oversight from Uncle Sam under new rules from the Obama administration. [ ]
Since the 1990s, the FHWA has required states to conduct a cost-benefit analysis known as value engineering on any highway improvement project that costs more than $25 million or any bridge project that costs more than $20 million. [ ]
But the FHWA is loosening the requirements so that states do not have to go through the value engineering process unless they plan on spending more than $50 million for a highway project or more than $40 million for a bridge.
(Excerpt) Read more at thehill.com ...
Relaxing federal oversight so that unions will be in full swing by the 2016 elections.
Sounds more like adjusting for real inflation rather than relaxing oversight. How long have the old numbers been in place?
As logical as this may sound, nothing good will come of it. Corrupt polticians will use it as a way to go back to crony-capitalist contracting with overpriced, suboptimal results.
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