Final Elements of the Environmental Process
Check out the revised project schedule.
Hoover Dam Bypass Budget UpdateTEA-21 - The Transportation Equity Act for the 21st Century. This legislation was approved with broad congressional support and was signed into law by President Clinton on June 9, 1998. It reauthorizes the Federal transportation program for another six years (1998-2003) and provides significant funding for transportation programs -- $218 billion dollars over six years -- representing a 40 percent increase in funding from the previous legislation. What does this mean for the Hoover Dam Bypass?
TEA-21 provides $41 million for the Hoover Dam Bypass Project under the "High Priority Projects Program." Arizona and Nevada have each agreed to contribute $20 million to the proposed project. In addition, the proposed project has received $33 million in Federal Lands Highway Program (FLHP) funding and $4 million in National Corridor Planning and Development (NCPD) Program funding..
Arizona and Nevada will continue to seek additional Federal funding each year through the two Federal programs mentioned above - the FLHP serving Federal lands projects, and the NCPD Program serving projects that benefit national trade corridors and interstate commerce. Both states feel this project is largely a Federal responsibility and should not compete for funding directly with other state projects.
$118 million of the estimated $200 to $215 million for project engineering and construction has been acquired. The final dollar value will be dependent on which alternative is selected.