At a meeting of the Missouri Highways and Transportation Commission this week, transportation projects planned by state and regional planning agencies for fiscal years 2024-2028 were approved as part of the Statewide Transportation Improvement Program (STIP).
Notably, these five years of efforts will include construction to widen and improve I-70, repair low-volume minor roads and upgrade railroad safety crossings. STIP will provide nearly $14 billion in federal and state revenues for all methods of transportation over the next five years, with the bulk – $10.4 billion – going to road and bridge construction contractor awards. This will work out to roughly $2.1 billion per year.
