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Awards/FORMULA GRANT (A)

$69,197,489

Department of Transportation·Federal Highway Administration

to TRANSPORTATION NORTH CAROLINA DEPARTMENT

WORK BEGAN·LATEST ACTION2026-04-17·SOURCEUSASPENDING·SOURCE IDASST_NON_693JJ22330000Y001NC0540041_069
Award description

PROJECT TITLE: NEW ROUTE - WAKE COUNTY :::: PROJECT DESCRIPTION: NC 540 FROM NC 55 BYP TO E OF SR 1152 (HOLLY SPRINGS RD); NEW LOCATION

Verbatim from USAspending.gov. Capitalization, abbreviations, and codes are unchanged.

The Buildout's read

What the model surfaced from this award

Confidence: high
In plain English

Funds construction of NC 540 highway extension in Wake County from NC 55 Bypass to east of SR 1152.

Sub-sectors
highway-constructionfhwa-formula-grantnorth-carolina-infrastructure
Why this matters

Regional highway expansion supports growth corridor infrastructure in North Carolina's Research Triangle area, improving regional connectivity and economic development.

Supply-chain signal

Drives demand for construction materials, heavy equipment, and engineering services in North Carolina's transportation sector.

Generated by award_classification v2.1.0 via claude-haiku-4-5-20251001 on 2026-06-03. Cost: $0.002730.

Period of performance
Start
End
2032-12-31
Status
activein 2374 days
Sources

The Buildout does not edit federal records. Any inaccuracy reflects the upstream source; it will update here when corrected there.

$69.2M Department of Transportation — The Buildout — The Buildout