(a) Funding for the high priority bridge replacement program shall be separate from funding for the state bridge grant program established in part 5 of this chapter.
(b) The expenditure of funds under this program shall be based on need as determined by the commissioner of transportation and shall not be subject to the formula governing the allocation of funds under the state bridge grant program established in part 5 of this chapter.
(c) The state share payable for a project undertaken pursuant to this part may be up to one hundred percent (100%) of the project cost approved by the department of transportation.
(d) The department of transportation may use funds available through federal, state, or local sources to implement this program.