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Awards/FORMULA GRANT (A)

$58,223,830

Department of Transportation·Federal Highway Administration

to TRANSPORTATION NORTH CAROLINA DEPARTMENT

WORK BEGAN·LATEST ACTION2026-04-17·SOURCEUSASPENDING·SOURCE IDASST_NON_693JJ22430000Y001NC0540021_069
Award description

PROJECT TITLE: EASTERN WAKE FREEWAY I-40 TO THE US 64-264 BYPASS :::: PROJECT DESCRIPTION: EASTERN WAKE FREEWAY I-40 TO THE US 64-264 BYPASS

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

Latest obligation under North Carolina's ongoing FHWA formula grant for highway improvements on the Eastern Wake Freeway.

Sub-sectors
highway-infrastructurefhwa-grantstate-highway-project
Why this matters

Represents federal highway infrastructure investment supporting transportation in the Research Triangle, a major tech hub.

Supply-chain signal

Drives demand for construction materials, equipment, and contractor services in the southeastern highway construction sector.

Generated by award_classification v2.1.0 via claude-haiku-4-5-20251001 on 2026-06-08. Cost: $0.022049.

Period of performance
Start
End
2026-01-05
Status
expired178 days ago
Sources

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

$58.2M Department of Transportation — The Buildout — The Buildout