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Small business gets a chance to cash in on PA's uncapped fuel tax

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Recently, Pennsylvania decided to uncapped its wholesale fuel tax, meaning higher prices at the pump for residents, but it will lead to an additional $2.3 billion in revenue for the state, eventually.

This also means that the state's Rapid Bridge Replacement Project, which will reconstruct 500 bridges, at least 200 greater than originally thought, will see more money and double the amount of bridges they had scheduled for replacement.

The Public and Private Partnership Transportation Act, signed into law in 2012, allows the state to use local construction companies in financing, delivering, and maintaining local transportation related projects.

The added transportation funds, leading to more bridges being replaced, when combined with the 2012 law and the addendum that allows for the state to work on bridges of same design in groups; local contractors should see a lot more business.

The local contractor submits their statement of qualifications in developing, designing, building, financing, and maintaining bridges. If accepted, Pennsylvania, may then decide to assign the company a portfolio of bridges to reconstruct and maintain. By having all this work performed under contract for similar structures, the states believes that it can save money and reduce the overall cost of the project.

With the extra work scheduled, which PA hopes to have completed by 2015, the state will start taking proposals by spring of next year.



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