If you have questions, please contact MDOT Contract Services Division at (517) 335-0071. The American Recovery and Reinvestment Act of 2009 (ARRA), requires states receiving stimulus funds for highway projects to provide monthly reports to the Federal Highway Administration (FHWA) regardin...
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Transaction costs include the interaction costs of making an exchange, including all the costs involved in searching to find trading parties (for example, hiring an agent), making the exchange itself (for example, writ- ing a contract), and the after-trade costs (for example, ensuring co...