New Jersey to spend more than $1.1 billion in construction

On Behalf of | Jan 10, 2019 | Construction Law, Firm News |

The state of New Jersey has decided to start 2019 with a bang by planning to spend more than $1.1 billion in construction, revitalizing the state’s infrastructure. Furthermore, the New Jersey Department of Transportation has more than $500 million issued in construction contracts from the beginning of the year till March. Additionally, the New Jersey Turnpike Authority is issuing new construction contracts, the value of which are in excess of 600$ million. More than two-thirds of that money is going to new projects being designed.

According to the governor of New Jersey, these construction projects will improve the state’s transportation infrastructure. In turn, this will act as an invitation to the business community to invest its money in the Garden State.

Some of the projects that will be supported by the NJDOT include a major repaving of Route 80 from Fox Hill Road to Route 46, major paving of Route 35 from Holmdel Road to Route 9, and major repaving of Route 55 from Leaming Mill Road to Ellis Mill Road. On the other hand, some of the projects carried out by the NJTA will include reconstructing the bridge decks at milepost 141 and 142 on the Garden State Parkway, lengthening two Turnpike bridges and erecting 25 new variable message signs on both the Parkway and the Turnpike.

With all these projects happening, it is imperative that any construction company that wins one of these contracts to reach out to an experienced lawyer who can help protect their interests. After all, construction projects bear plenty of legal liability that every company should be aware of.

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