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The Highway Trust Fund was set to run out of available money at the end of August but with a last-minute extension, contractors working on infrastructure projects can expect funding to continue—at least until May 2015.

President Obama is expected to sign into law H.R. 3080, the Water Resources Reform and Development Act (WRRDA) next week that would authorize an array of large-scale federal water infrastructure projects including port improvements, environmental restorations and more than 20 new Army Corps of Engineers projects.

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