Feds Provide More Funds For New Mexico Highway Projects

New Mexico – The state Transportation Department says more highway projects will be financed with federal economic stimulus money.

Gov. Bill Richardson said Thursday that several state and local highway projects cost less than expected. That freed up about $12 million in federal aid that could be used for a dozen new projects and to cover the costs of several others needing more money to complete.

Among the planned work is pavement upgrades to Interstate 40 and I-25, and revamping a road interchange in Artesia.

New Mexico has received nearly $253 million in federal economic stimulus money for transportation and about 90 state and local highway projects have gone out to bid since February.

Copyright 2010 The Associated Press.