The action plan responds to more than 50 audit findings and proposes cost-saving strategies, organizational efficiencies, and performance and operational metrics that will make VDOT more effective, efficient and accountable.
VDOT's action plan designates a responsible entity for each category of funding and establishes a process to select projects that will utilize the unused funds identified in the audit. This includes:
- $200 million in excess construction cash will be administered by the Commonwealth Transportation Board (CTB)
- $524 million in the "federal reserve" will be allocated to specific projects by the CTB during the spring 2011 update to the Six-Year Transportation Improvement Program (SYIP)
- $200 million in unspent maintenance allocations will be provided to VDOT's nine districts to meet critical maintenance needs
- $130 million in inactive federal project balances already allocated to projects will be re-obligated to other active projects in coordination with localities
- $400 million in toll credits will be allocated to specific projects by the CTB as a state match to federal projects.
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