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Awards/FORMULA GRANT (A)

$205,524,894

Department of Transportation·Federal Highway Administration

to TRANSPORTATION NORTH CAROLINA DEPARTMENT

ACTION DATE2026-04-17·SOURCEUSASPENDING·SOURCE IDASST_NON_693JJ22230000Y001NC0040114_069
Award description

PROJECT TITLE: NEW ROUTE - FORSYTH COUNTY :::: PROJECT DESCRIPTION: NORTHERN BOUND EASTERN SECTION (FUTURE I-74) FROM I-40 BUS/US 421; DRAINAGE, GRADING, PAVING, SIGNALS, STRUCTURES

Verbatim from USAspending.gov. Capitalization, abbreviations, and codes are unchanged.

The Buildout's read

What the model surfaced from this award

Confidence: high
In plain English

Funds North Carolina's construction of a new highway section (future I-74) including grading, drainage, paving, signals, and structures in Forsyth County.

Sub-sectors
highway-infrastructurefhwa-formula-grantstate-dot-project
Why this matters

Interstate highway expansion improves regional connectivity and economic mobility in the Southeast, supporting commerce and population movement.

Supply-chain signal

Drives demand for construction materials (asphalt, concrete, steel), heavy equipment, traffic signal systems, and regional construction labor.

Generated by award_classification v2.0.0 via claude-haiku-4-5-20251001 on 2026-05-15. Cost: $0.002165.

Period of performance
Start
End
2034-11-16
Status
activein 3106 days
Sources

The Buildout does not edit federal records. Any inaccuracy reflects the upstream source; it will update here when corrected there.