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Posts Tagged ‘Fuel Revenue Indexing’

Nevada: How Fuel Revenue Indexing (FRI) Is Fixing Infra and Creating Jobs

Tuesday, June 19th, 2018

The importance of the overall initiative is twofold: one is infrastructure. Public infrastructure lays the foundation for economic development, lays the foundation for recruiting new businesses and creating a sustainability for communities. More importantly at the current time, it’s created jobs.

In 2013, the Nevada State Legislature passed Assembly Bill 413 to fund critical roadway improvements. Since then, we’ve awarded $620,000,000 dollars, created 8,000 jobs, funded 225 projects, and employed 78 local small businesses.

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Nevada Celebrates New FRI (Fuel Revenue Indexing) Projects

Tuesday, December 15th, 2015

The Regional Transportation Commission of Southern Nevada (RTC) and City of North Las Vegas (NLV) hosted a grand opening celebration for four Fuel Revenue Indexing (FRI) projects.

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