Logistics Management |
By Jeff Berman | March 12, 2018
The United States Department of Transportation (DOT) last week announced that nearly $500 million was doled out to 41 recipients in 43 states through its Transportation Investment Generating Economic Recovery (TIGER) grant program.
The objective of the TIGER program is to ensure that economic funding is made available for transportation infrastructure projects, and that project spending is monitored and transparent.
Since 2009, the TIGER grant program has provided roughly a combined $5.5 billion to 421 projects in all 50 states, the District of Columbia, Puerto Rico, Guam, the Virgin Islands and tribal communities. These federal funds leverage money from private sector partners, states, local governments, metropolitan planning organizations and transit agencies.
“TIGER grants are targeted investments for our local communities that will increase safety, create jobs and modernize our country’s infrastructure,” said DOT Secretary Elaine L. Chao in a statement.
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