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US DoT Allocates $5.4 Billion For Bridge Infrastructure Fund, Scraps Diversity, Climate Criteria For Applicants: Report

Summary by Benzinga
The U.S. Department of Transportation (USDoT) has announced the availability of $5.4 billion in grant funding for the construction, replacement, or repair of bridges across the U.S. What Happened: The $5.4 billion funding, sanctioned under the 2021 infrastructure law, will be accessible for bridge projects. The Federal Highway Administration is offering the new funding to repair or replace about 42,000 deteriorating bridges, with $4.9 billion fo…

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Land Line broke the news in on Monday, June 2, 2025.
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