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CDOT will get some portion of the stimulus money, but is must act fast to spend it.

Stimulus Package Will Get Road Projects Moving

CDOT Working Hard To Build List Of 'Shovel Ready' Projects

POSTED: 11:18 pm MST February 16, 2009

President Obama's stimulus package will result in a temporary windfall of cash for CDOT, to the tune of $500 million in funding. In order to qualify, the government required transportation departments to make a list of priority projects, 50 percent of which must be 'shovel ready' in 120 days or less.

CDOT said Monday the funding will result in a robust construction season. "It's going to basically allow us to have a construction season this summer, when otherwise we would have had very few projects," said CDOT spokeswoman Stacey Stegman.

CDOT also has a B List and C List of projects ready to go. "We have sort of a phased list so that we know we can get working going immediately. Then, down the road, if other states have problems or they can't spend their money, we'll be in a position to spend their money as well," said Stegman.

The government wants states to identify projects that are immediately ready for groundbreaking in order to create jobs right away.
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