The US Department of Transportation’s ‘Build America Bureau’ has provided a $41.55m loan to the Oklahoma Department of Transportation (ODOT) to help improve road safety.
The funding will pay for just under half of the $85.97m Rural Two-Lane Advancement And Management Plan (RAAMP) to add nearly 27 miles of 8-foot shoulders and asphalt resurfacing as well as more than six miles of roadway reconstruction in eight counties across Oklahoma.
“Over the last five years, 38 percent of all serious and fatal crashes in Oklahoma have occurred on rural roads with no shoulders,” said Deputy Transportation Secretary, Polly Trottenberg.
“US DOT is proud to support the RAAMP program to help address safety issues and save lives in Oklahoma.”
The Bureau helps communities across the country reduce the costs of infrastructure projects by providing transportation infrastructure finance and innovation act loans.