Wednesday, March 14, 2012

Dan Ryan reconstruction could offer $100 mil in jobs for minority companies

Illinois Department of Transportation (IDOT) Secretary Tim Martin is committed to significant minority participation in the $430 million Dan Ryan reconstruction project.

The overall economic impact of this commitment could bring in excess of $100 million to minority-owned companies. Additional funds will be dedicated to job and employment training, professional services and other needs associated with the project.

The funding for the Dan Ryan project is based upon current federal funding guidelines that would require IDOT to open bids for contracts in June of 2004. Secretary Martin has voiced concerns that if the project doesn't move forward soon, the federal funds could be …

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