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Talking Michigan Transportation - More bond sales fuel Rebuilding Michigan
A year after the Michigan Department of Transportation (MDOT) sold the first group, or tranche, of bonds in Gov. Gretchen Whitmer's $3.5 billion Rebuilding Michigan plan, the finance team is preparing to sell another $800 million worth in August.
In a recently produced podcast, MDOT's Bureau Director of Finance, explains why the market has reacted so favorably to the sale of bonds to repair the state's crumbling roads and bridges. MDOT's Bureau Director of Development, talks about the favorable bids for many of the projects and how the construction industry has reacted.
Click here to listen to the podcast