Contracting opportunities more abundant now at the local levels of government…a trend to watch!
At a time when there is scant funding for roads, bridges, water treatment plants, broadband expansion and airport expansions, there seems to be ample funding for urban renewal in most of the country’s major cities. The reason is understandable…infrastructure projects are large and have usually been funded by the state or federal government. Unfortunately, that’s no longer the case – funding at the state and federal levels of government is no longer adequate or readily available.
Supporters Of Infrastructure Reform Hope Change Is Imminent
Describing the nation’s deteriorating infrastructure as a “massive, self-inflicted wound on our country,” President Donald Trump last week signed an executive order designed to help speed the completion of major infrastructure projects nationwide.
Congressional leaders begin to address infrastructure with a plan of their own
Delays in the rollout of the Trump administration’s much-heralded $1 trillion infrastructure plan are proving costly for deteriorating U.S. roads, bridges, airports and transit systems. And the longer the delay, the more it will cost taxpayers. Tired of delays on a long-awaited new plan, some members of Congress are busy putting together a “Plan B.”
A Growing Market Sector That Bears Watching
Here’s something that will shock most taxpayers. Projections are that cities will spend an estimated $150 billion in stormwater infrastructure projects over the next 20 years. That will create a very large marketplace but the action has already started.
Nabers for Born2Invest: Public safety concerns cause law enforcement technology demand to rise
There are indications that public safety concerns will provoke the spending on law enforcement technology in the US.
This will surprise many. A recent report estimates that spending on law enforcement technology in the United States will likely reach $7.6 billion this year and that number will climb exponentially in the next few years. Law enforcement technology includes such things as body armor, cameras, drones, vehicles, biometric software, upgrades to Next Generation emergency systems and more.
Infrastructure back in spotlight; Trump appoints advisory council
The wheels on the Trump administration’s $1 trillion infrastructure plan appear to be moving. After months of delays, the president, through an executive order, announced the creation of a Presidential Advisory Council on Infrastructure.
Neither the president nor Congress has been able to focus on infrastructure as health care legislation has dominated the early months of the Trump presidency. But now, the president has laid a foundation for the development of a 15-member panel to advise him on issues that are hampering the development of infrastructure projects nationwide. He has also named Commerce Secretary Wilbur Ross as the individual who will direct the council’s activities.
