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Home » Subscribers Only » Budget » Audit: Price tag for highways skyrockets after DOT fails to account for inflation
The state underestimated by $3.8 billion the costs for major highway work completed over the past decade or still in progress, often because it failed to account for inflation in its estimates, according to a Legislative Audit Bureau review. The audit also found the condition of state roads has deteriorated, slipping below the national average. What’s more, DOT could have achieved “considerable ad...