DOA:......Aslesen, BB0111 - Bond authority increase for design build program
For 2025-2027 Budget -- Not Ready For Introduction
An Act ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
TRANSPORTATION
Highways and local assistance
Bonding authority for design-build program
Under current law, DOT administers the design-build project program, under which highway improvement project contracts are awarded to a single builder that designs, engineers, and constructs the project. Under the program, DOT may fund state highway rehabilitation projects, major highway projects, or southeast Wisconsin freeway megaprojects. The state is authorized to contract public debt in an amount up to $20,000,000 for the program. The bill increases the authorized public debt for this purpose by $92,500,000 to $112,500,000.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section 1. 20.866 (2) (uuv) of the statutes is amended to read:
20.866 (2) (uuv) Transportation; design-build projects. From the capital improvement fund, a sum sufficient for the department of transportation to fund design-build projects under s. 84.062 that are state highway rehabilitation projects, major highway projects, or southeast Wisconsin freeway megaprojects. The state may contract public debt in an amount up to $20,000,000 $112,500,000 for this purpose.
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