https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png 0 0 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2008-06-01 13:54:302013-02-20 14:01:32Additional Reforms for the Governor’s Accelerated Bridge Repair Proposal
Additional Reforms for the Governor’s Accelerated Bridge Repair Proposal
Author(s): Steve Poftak — Publication date: 2008-06-01 Category: Economic Opportunity Abstract: The Governor’s proposal to fix structurally deficient bridges is an aggressive approach to addressing the massive backlog of deferred maintenance in the Commonwealth. To be sure, this approach does not create revenues, it only accelerates planned future spending. However, this acceleration will result in greater value by fixing hundreds of decaying bridges sooner rather than later; thereby avoiding the effect of construction inflation and higher future repair costs due to ongoing deterioration.