Percentage of Road Construction Projects Completed on Budget
Why it Matters: Controlling project costs is essential to ensuring that active project changes do not consume funding intended for use on future projects. By keeping construction costs per project within 5% of budget or less, future state highway and bridge programs can be delivered as planned. In 2011, there were 709 projects.
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Source:
Michigan Department of Transportation TRNS*PORT database Updated annually in February
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