Posts Tagged 'infrastructure'

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Aging Infrastructure Projects Call for Surety Bonding Protections

At a time when local, state and federal government budgets are under mounting pressure, allocating the resources to refurbish America’s aging infrastructure—the roads, bridges, railways, airports, water systems, pipelines and other components upon which our economy depends—is an increasingly difficult challenge.

However, the deplorable state of much of the nation’s vital infrastructure, which earned a D+ grade from the American Society of Civil Engineers (ASCE), can no longer be ignored. It is becoming an increasing drag on business productivity, as well as negatively affecting the convenience and safety of individual Americans.

Trickle-down Infrastructure

Whenever infrastructure has come up as a political topic in recent years, it’s assumed to mean large, publicly funded projects: interstate highways, municipal water systems, dams and ports. But an anticipated flood of construction activity in this sector has a trickle-down effect. Construction owners that support infrastructure functions—such as transportation—sense opportunities and invest private funds in their own projects.

FAA Awards More Airport Infrastructure Grants

The Federal Aviation Administration (FAA) is awarding $162.4 million in airport infrastructure grants for 72 airports in 31 states through the Airport Improvement Program (AIP). So far this year, the U.S. Department of Transportation has announced more than 1,350 airport grants totaling $2.1 billion affecting 1,205 airports—targeting projects for runways, taxiways, and airport signage, lighting and markings.

Fischer Proposes New Federal Highway Plan

Sen. Deb Fischer's (R-Neb.) new highway funding plan would dedicate more than $107 billion over a five-year period from Customs and Border Patrol fees and revenue collected on freight cargo and passengers to the Highway Trust Fund—helping to secure its solvency while providing greater flexibility for states to speed up their construction programs.

NY-NJ Port Authority Approves $32B Infrastructure Spending Plan

The Port Authority of New York and New Jersey approved a $32.2 billion capital plan that will fund infrastructure projects in both states for the next 10 years. Authority officials predict the approved program will result in a $56 billion economic boon for the area and create $20 billion in wages. 

Trump Administration Targets 50 U.S. Infrastructure Projects Worth Over $137B

The Trump administration has compiled a preliminary list of 50 high-priority “emergency and national security” infrastructure projects valued at more than $137 billion and has solicited the nation’s governors for input. 

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Industry Changes Push AEC Firms Toward Proactive Recruitment
When it comes to recruitment, the AEC industry is grappling with an already...

Gauging the Swing of the Republican Pendulum
As suddenly as the window of opportunity blew open for Republicans by the winds...

Q: What does it mean for your company to be employee-owned?
Employee ownership allows Choate to share long-term success with our employees...

Service Above Self
Two years ago, Gary Neal—an engineer and project manager with MEC Contractors...

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