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$109bn US transportation bill is key to boosting stagnant construction market

February 11, 2012 - 00:16 GMT Location: New York

KEYWORDS: Senate , House , infrastructure spending , construction , short-term extension , highway , bridges

A bill that would inject $109 billion over a two-year period into the nation’s highway, transit and bridge infrastructure projects cleared a hurdle Thursday in the Senate, which voted 85-to-11 to allow the proposal to move to debate this coming week.

The House bill is part of the Republican-backed American Energy and Infrastructure Jobs Act and will likely be packaged with the recently fast-tracked Keystone XL oil pipeline bill...

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