Rock Products

FEB 2019

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8 • ROCK products • February 2019 www.rockproducts.com IN THE KNOW their letting for new projects because they won't have their full allocation of federal money for 2019 yet." For example, while a Jan. 8 FHWA funding notice makes $30 billion worth of FY 2019 transportation funding available to be committed by states as authorized under the five-year Fixing America's Surface Transportation or FAST Act, the agency also said that it would be "inadvisable" for states to commit a large amount of new federal dollars provided under today's notice. For example, if there is a new continu- ing resolution from Congress lasting just 30 days, any dollars obligated beyond that prorated amount (i.e., 30/365th of full-year funding) would then have to be de-obligated or returned to FHWA. Tymon added that the effect of the FHWA notice is that even if full FY 2019 highway dollars are now technically available, for all practical purposes, states can't really commit all of those dollars because there's a real risk of having to return some of them if the shutdown ends with another continu- ing resolution. "This remains a fluid situation and is becoming one with less and less prece- dence," he pointed out. In terms of transit concerns, the Citrus Connection bus system in Lakeland, Fla., has been drawing from annual operating cash and cash reserves to stay open; a tactic it told The Ledger newspaper that will no longer be possible if the delay on federal payments extends to mid-February. That's because 50 percent of the local bus agen- cy's funding comes from federal sources, Citrus Connection Executive Director Tom Phillips told the paper on Jan. 9. Another worry among state DOTs is how a prolonged federal shutdown could impact the spring/summer construction season. Oklahoma DOT Executive Director Mike Patterson explained in a presentation before the Oklahoma Transportation Com - mission on Jan. 7 that roughly 45 upcoming highway, county road, and city street proj- ects set to go out for bid in January and February totaling more than $137 million had to be delayed due to the lack of federal funding authorization. "While we're very grateful that the High- way Trust Fund remains available to pay for the federal share of projects already under construction, the inability to award new contracts with federal funds could delay some projects from starting for sev- eral months," Patterson said. "If this budget impasse continues, contractors could miss out on some of this year's prime construc- tion season in the spring and summer." WE HAVE THE CRUSHER PROTECTION SOLUTIONS YOU NEED 800-835-2526 / www.buntingmagnetics.com ©2019 Bunting Magnetics Co. BMC-RockProducts-020119-1 You have the rock. We have the heavy metal. Bunting ® Magnetics Co. offers a line of ruggedly built magnets, magnetic separation and metal detection equipment built specifi- cally for the aggregate industry to protect your belts, crushers and other expensive equipment from tramp metal. You have more productivity, more reliability and more savings. For more information visit www.buntingmagnetics.com Permanent and Electro-Magnetic Crossbelt Conveyors Permanent and Electro-Magnetic Suspended Magnets Drum Magnets Magnetic Head Pulleys Metal Detection Eddy Current Separators M ASTER M AG Member of

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