The Federal Highway Administration (FHWA) oversees States’ use of approximately $40 billion in Federal funds provided annually for thousands of projects. By issuing these grants to State and local governments, FHWA incurs contractual obligations.
The Federal Highway Administration (FHWA) provides financial assistance and oversight to States’ high-cost and complex major projects with an estimated cost of $500 million or more.
The Federal Highway Administration (FHWA) is responsible for ensuring that States close out projects timely, a critical step towards the final accounting of States’ use of Federal funds.
There are over 600,000 bridges on public roads that carry, on average, more than 4.6 billion vehicles per day.