Deals Counterparts

Alabama Department of Transportation awards $40 million for road and bridge projects

Development Transport announced MONTGOMERY, USA Jan 8, 2026
USD40M
Deal Value
development
Stage

The Alabama Department of Transportation is awarding more than $40 million in state transportation funding to cities and counties for various road and bridge projects through the Alabama Transportation Rehabilitation and Improvement Program-II (ATRIP-II). There were 25 projects selected for funding.

Deal Analysis

The Alabama Department of Transportation (ALDOT) has announced the allocation of over $40 million in state transportation funding through the Alabama Transportation Rehabilitation and Improvement Program-II (ATRIP-II). This funding will be distributed across 25 road and bridge projects within the state, with ALDOT acting as the developer. The announcement was made by Governor Kay Ivey, signaling the state's commitment to infrastructure development. While specific project details are not provided, this investment aims to improve and rehabilitate existing transportation infrastructure across various cities and counties in Alabama. This deal is notable for its focus on rehabilitation and improvement, suggesting an emphasis on maintaining existing infrastructure assets. The involvement of ALDOT ensures that projects adhere to state standards and regulations. The ATRIP-II program serves as a crucial mechanism for distributing state funds to local governments, enabling them to address critical infrastructure needs. The announcement date of January 8, 2026, indicates a forward-looking approach to infrastructure planning and investment.
  • ALDOT is awarding over $40 million for road and bridge projects.
  • The funding is distributed through the Alabama Transportation Rehabilitation and Improvement Program-II (ATRIP-II).
  • 25 projects are selected for funding across various cities and counties.
  • Governor Kay Ivey announced the deal, highlighting its importance to the state.
Market Context: The transport sector in the USA is characterized by ongoing investment in maintenance, rehabilitation, and new construction of roads, bridges, and other infrastructure assets. State departments of transportation play a crucial role in planning and executing these projects, often utilizing state and federal funding programs.

Source Intelligence

KEY DETAILS

The funding is made available through the Alabama Transportation Rehabilitation and Improvement Program-II (ATRIP-II), a program created by the Rebuild Alabama Act. "The Rebuild Alabama Act requires ATRIP-II to be an annual program setting aside a minimum of $30 million off the top of ALDOT’s share of new gas tax revenue for projects of local interest on the state highway system."

Deal Size
more than $40 million in state transportation funding is being awarded to cities and counties for various road and bridge projects
Location
MONTGOMERY
Announcement
Governor Ivey Adds Even More Rebuild Alabama Projects, Announces ATRIP-II Awards for 2026
PARTIES MENTIONED IN SOURCE
A
Alabama Department of Transportation developer

"Governor Kay Ivey and the Alabama Department of Transportation on Wednesday announced that more than $40 million in state transportation funding is being awarded to cities and counties for various road and bridge projects."

c
cities and counties developer

"more than $40 million in state transportation funding is being awarded to cities and counties for various road and bridge projects."

medium quality Enriched Feb 19, 2026

Timeline

Announced
Jan 8, 2026
Signed
Closed

Market Context

This deal is part of the Transport sector in USA.
110
Transport deals
206
deals in USA
1 of 110 Transport deals tracked this month · Updated daily

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