AUGUSTA, Maine (AP) — Gov. John Baldacci and Pike Industries have signed a letter of intent for the contractor to repave 24 miles of Interstate 295 between Gardiner and Topsham this construction season.

Baldacci says the $34 million project, which will be paid for with federal stimulus money, is expected to create 840 jobs.

The governor announced Thursday that Pike was low-bidder for the project. Pike’s regional manager for Maine, Jonathan Olson, said work will begin as soon as the snow’s gone.

Baldacci said other highway work throughout the state this spring, summer and fall is expected to create more than 11,000 jobs. Combined federal and state funds for those projects total $423 million.