Bike trails and greenway projects no longer represent inconsequential amounts of funding. In fact, these types of projects now represent a spending impact that exceeds $10.6 billion annually. Data indicates trail development projects that encourage hiking, biking, and walking result in numerous benefits and can be credited for about $20 billion in health cost savings. […]
As construction, engineering, and development firms consider the impact of inflation and the increasing cost of capital, some are beginning to embrace projects designed to provide tax incentives. These types of projects fall into the category of ‘adaptive reuse’ and a federal program grants attractive tax incentives when private sector firms work with public officials […]
We are living in historic times, and we are fortunate to be able to participate in the rebuilding of America’s infrastructure. The funding that has been made available and the projects that are being launched will be written about and studied for decades to come. All of the country’s infrastructure networks are getting attention and […]
Libraries are critical public assets for communities and a recent study confirmed that most are funded locally. Currently there are hundreds of modernization, expansion, and technology upgrade projects occurring in libraries throughout the country. This is a very defined and strong trend. In Deschutes County, Oregon, voter-approved bond funding will cover a new Central Library […]
American ports are currently receiving massive amounts of funding from the federal government for much-needed and long-overdue upgrades. The country’s port infrastructure is a critical component of America’s global competitiveness, and the funding will target critical needs that must be met immediately. As the ports are modernized and expanded, new collaborative projects will be launched […]
The two largest international sporting events, The World Cup and Olympic Games, will be hosted in a few U.S. cities in 2026 and 2028. Both events require massive work by host cities, and new development projects will be large and expensive. This effort is already launching hundreds of new contracting opportunities for private sector companies. Eleven […]
Electric vehicles (EV) should never again be considered ‘futuristic.’ They are the ‘here and now’ and investment funding for electric vehicles is now flowing abundantly from both public and private sector coffers. Billions of dollars are available for electrification projects. Transit agencies are on the leading edge as they move quickly to electric vehicles. The […]